Hey guys - just getting into rental business. When you are buying a condo for rental purposes what are you looking for? I know 2% is a good rule (as in if it costs $200k it must generate $4k). In the market where I am...

Has anyone taken the course from Nick Vertucci?

I once started out on this site asking tons of questions. If you’re starting out feel free to ask me questions and I will answer the best I can. Below is my experience for context.Experience- 6-7 years- Single family ...

As an active investor in the DFW area, mostly Collin, Dallas, and Grayson counties I am often asked if we are in a bubble. My answer is no, at least at the moment. The reason I say this is my day job is a mortgage l...

WOW! Now that is some "C Class" volatility going on in the stock market.General Electric- Will it ever go up?Large Cap Technology seems to be going down the drain.The stock market is down 10% in the past 6 weeks. "No ...

To the group:  As more and more "deals" cross my desk and I perform underwriting, I find that the vast majority of these deals are simply overpriced offerings - even in lousy locations, Cap Rates are around 3-4%.  Mos...

Hi I really need some feedback on this. I was looking to buy some out-of-state rental properties and got introduced to this agent in August when I did a field trip. Since then he has been sending me some off market pr...

Hi BP members!I am very grateful that I have found this site; during the last six months, I have been educating myself listening to the Podscast (at least two a day), I´ve been reading your blogs, discussions, and the...

Hi BP Community,This year in June I purchased my first buy and hold property - a duplex. I know that it is important to have cash reserves set aside for unexpected issues that may arise with the property. However, sho...

Hi All,I found some $20k already rented properties in Detroit online last night and I'm just curious why everyone hates on Detroit so much. @Joshua Dorkin and @Brandon Turner why do you guys beat up on the city? Is it...