Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Mike Wallace
Just picked up a Condo for $14k
700 sqft 2 bed 1 bath, full unfinished basement.
Needs new water heater, furnace, central out unit, new carpet.
Everything else seems to be in great condition.
Under 4k in updates to get it rent r...
Peter G.
1,000 rental houses does this seem reasonable?
Hi BPM(Big Pocket Members)!
I have a thought I'd like to run by you all to see if you think it's actually doable.
I have a goal of having 1,000 rental property's here in Oklahoma in the next 25 years.
Here's the...
Josh Caldwell
What is your best marketing technique?
I am a mad scientist when it comes to marketing. I will try anything once, and most things twice. So let me ask all of you, what is your favorite or most creative marketing technique?I will shart my most creative. ...
Adam Boonzaayer
100k to burn, best cash out strategy?
Hey all,I have a kind of unique situation. My wife and I (we're 25 and will have no debt) are about to close on the sale of our primary and make about 100k, by a stroke of luck, and some sweat equity. Our goal in the ...
Nandy B.
What is the cheapest house you ve ever bought?
What is the cheapest house you ve ever purchased?Why did you buy it?what did you do with it?Would you do it again?I hear about so many big money deals but low cost acquisition stories can be inspiring and motivational...
Hazel L
"Why invest in real estate when stocks are better?"
I can't say how many times people have told me this once I tell them I work in real estate. I've done my research and I think I have a pretty good comeback especially when they throw articles from CNN like this at me:...
Katie Miller
Calling all retirees! I want your story
Hello! I want to feature YOU in the next issue of BiggerPockets Wealth magazine (subscribe here! www.biggerpockets.com/magazine) if you have a fun/unique retirement story to share:
-Did you retire just before or duri...
Jake Ernst
Agent Dumped Me, Change Direction?
I have been working with a well known local real estate agent since the end of July and today he called to let me know that he can no longer go forward working with me as he has other clients and obligations. This doe...
Amber K.
Do I have to let go of my integrity to be successful?
I made the leap and invested in my first property in October of this year. My plan is to live in this home for a year, to satisfy mortgage requirements, then rent it out. I still own my previous home that I am plan...