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What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
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Hey everyone, I’m a super rookie in real estate investing. I’ve been house hacking my first property for the past 3 years and I’m finally in the process of fully renting that out. Now I have my eyes set on short term ...
For those of you who work 40+ hours a week, how do you go about locating those new deals as they come on the market? Are you constantly checking the MLS or is it better to have a real estate agent to call you about a...
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Hey guys me and my partner are trying to create a business plan but we are struggling with what exactly needs to be on it. Can you guys tell me what are some of the things a plan must have because right now i feel lik...
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Hey everyone!
So I am looking to learn the math when dealing with R.E., is there some special quadratic equation that I need to have handy to be able to calculate APR, interests, etc. how do I figure out how much to...
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Hey BP,
As way of introduction: I’ve been interested in REI for quite some time now, but never had the knowledge to step forward with it. I feel that BP has given me the confidence to seek out my first deal. I’m amaz...
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Novice Investor learning as much as possible from BP. I’m reading as many books and reading as many forums as possible before I make the big jump into my first investment. If there are any gold nuggets you would like ...
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Looking at my first property and my Question is about property taxes in louisiana. Here we have homestead exemption but as an owner non-occupant we have to pay the full tax right? The property I'm looking at is 885 p...
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First time REI here. My business partner and I are looking to buy a duplex for $140,000. We would live in one side and rent out the other. Both sides have two bedrooms and one bath a piece. The duplex was built...
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Hi Everyone. I was wondering what Investors/ Landlords thoughts on Multifamily's cost structure. I am a Realtor on Long Island who has a bad tenancy to spend more time looking at investments than marketing. So recentl...