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...
Demetrius Bradley
Why should anyone use a Realtor
Sorry if this is the wrong place to question this, but why should any buyer or seller use a realtor? I have been having this argument over the last 2 years because in my opinion (base on real facts) Realtors are the t...
Mary Arobaga-Reardon
Does anyone have experience with Section8 tenants in Baltimore?
New to REI in the Washington DC Baltimore Maryland area. With an expected deluge of evictions coming in the near future due to job losses from COVID 19, would anyone recommend finding section8 tenants to ensure paymen...
Joey Copper
Why Self Managing Investment Properties is CRAZY
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
Thomas Fey
Property management fees
Hi All,Was recently having trouble with a tenant and noticed that rent has consistently been paid late and in increments. Reached out to the property manager to see if the tenant had vocalized financial hardships, if ...
Travis Michael
What are the benefits for a seller to finance?
A family friend has offered me a great deal on a duplex. I don't have bad credit... but before I start the process of finding financing I'd like to approach the seller first. What are some good points I can make which...
Will Barnard
The Truth about Wholesaling!
There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...
Courtney Fricke
City Utilities vs Private Well/Septic for a Rental
My goal is to soon house hack a small multi-family. One of my original preferences is for there to be city utilities instead of private. After analyzing a handful of properties I am already seeing that this preference...
Neerav Patel
renting home to company which rents to insurance claim people
Hi fellow BP members. Once again I am turning to your wisdom.I am a newbie and my first rental is on market for rental right now.I received an interesting call today from a property management company who exclusively ...
Michael Sobczyk
What's the best path
Theoretically speaking:
If I had the cash to purchase 1 Buy and Hold property at lets say 40-50k in price.
Should I take the cash and buy the property free and clear or should I take the cash a use it as a down pa...