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...
For the past few months, years perhaps, I've been trying to soak up knowledge in the area of note buying. It has been especially intriguing to me since my partner and I handle a large volume of foreclosures and I get ...
I've been a hardcore follower of Dave Ramsey and have done his Debt Snowball in the past and it was very rewarding. The problem was that I started to veer in the past 4 years and take on more debt such as buying a La...
Hello BP Community!In efforts to give back to the community, I wanted to document the process of acquiring my first turnkey property through Spartan Invest. I know when I was first researching the forums, case studies...
I am a newbie but I have 1 rental property in Albuquerque which only breaks even. I currently live in Arizona and I travel a lot overseas for work so I am looking at TK providers. My primary residence is paid for in f...
We are closing on our first two rental properties next week. They are turn key ready to rent properties. We have a few potential renters already. One is a young couple with a dog. I have dogs myself and know that ...
What is your biggest problem/mistake/confusion when analyzing a deal?
There are only a few remaining markets where real estate investors can get double-digit returns on rental property. There are even fewer markets where you can get high cash flow AND high appreciation. Thankfully, we k...
Hey everyone! I am doing research for a house hacking project and need some stories of fellow house hackers. Could you please reply to this thread with your house hacking story?Please include your location, strategy (...
Hey all..interested to hear some discussion surrounding the recent BP Podcast on Asset Protection (the "YOU WILL GET SUED" issue)So far I have 7 rental properties all multi unit having several units each, and they are...