Ned Carey
The 2% rule is the most brilliant ever
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Samantha M.
Prepared for the 2013 Recession?
Many media outlets, respected investors and the like are reporting 2013 will be yet another recession. Possibly more severe than the one in 2008 due to factors such as increased national debt, printing money, manipula...
Melanie Liu
Builder wants to cancel contract. What can I do?
We signed the purchase agreement back in December 2020, and it was scheduled to be completed by 4/15/2021. However, the builder has been delaying the building, and recently we were told that they wanted to cancel our ...
Tarl Yarber
HOARDER house made me $37,000! Other Investors passed!? Seattle
Hey Bigger Pockets!
Once Again, im not being the best at posting, but I promise ill get better once I have some more time! Too many houses. BUT, I wanted to at least post one that maybe others can learn from. Thi...
Jeremy England
BRRRR refinancing costs high
So 6 months back I bought a sfh with the intention of giving this brrrr thing a shot. I wanted to end up having zero dollars of MY MONEY in the project. Hasn't worked out that way mostly because of the refinancing p...
Isiah Ferguson
IS THERE POWER HERE AT ALL ?????
I always hear people conversing about leveraging thier entire portfolio which is a great way to go. But is there power in NO leverage ? I was just concern of what people thought of dumping staright cash into rental pr...
Mark Perry
Where are the Canadians of BP?
Hey Everyone,It seems like BP is dominated by US investors, which is great, but I'm wondering where are all of my Canadian friends? The concepts of investing in real estate are the same, but mortgage and tax laws can ...
Brandon Sturgill
Guaranteed 21% Annual Appreciation? Columbus, Oh?...where else?
How is your MF market price appreciation?I hear a lot of folks claiming their market is on "fire", but nobody ever supports that with data...our local MF market in Columbus, Ohio has appreciated at a year-over average...
Michael Hicks
Realtors...why don't they answer their phones???
I recently purchased a home a little further away than I normally do. I used a realtor familiar with the area. I was pleased and decided I would use her to list the home as well. I told her it would be ready in 3 w...
Account Closed
Why is the "appreciation perpetuity" being ignored when valuing properties?
An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...