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...
Having had so many investing students and BP members express their issues around funds, education or just plain fear, I thought it would be helpful for everyone to not only hear from investors having challenges or hes...
Hey guys, wanted your take on something. My neighbor next door is asking to split the cost of converting a wood fence to cylinder blocks due to my tenant hosing down the yard due to pets waste and water sloping into h...
We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...
I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...
Hi everyone!I’m a new real estate investor. I’ve started to learn more, browse the forums, listen to podcasts, and attend meetups. I keep seeing people seek out and utilize real estate agents, but I’m not sure why.Sim...
Looking for some 'outside-the-box' ideas from you guys. Story: I was waiting until March to list a house for sale - a previous primary home, rural but really nice custom home, great neighborhood full of nice houses, i...