noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.

Thanks.

Jim

Brandon issued an involuntary challenge, "How to Buy a Rental Property in the Next 90 Days". I'm taking him up on his unspoken challenge. You know, the one he didn't know he issued. Starting tomorrow 03-17-14 I wil...

There are obvious benefits to acquiring properties that have permitted work, but I want to see if anyone can explain why some folks allow unpermitted work. My curiosity includes how timeframes are affected, the listin...

Ok all, I got the photos back on my Toledo property purchase and my heart sank. I now know for sure my move wasn't gutsy it was stupid with a capital S. What really bites me is that I believe the investor who sold m...

When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...

Ok so this is probably not going to be an easy read, and i primarily write this down to make sense off my own thoughts, but i thought why not let a few of the great BP minds participate and maybe together find a satis...

With a new year among us comes new opportunity for investment, particularly investment in commercial real estate. In this post, I will discuss 4 large US markets which I believe to be ripe for commercial real estate i...

Not sure if this has been posted yet, but I think it is worth sharing.  I heard on the Rental Income Podcast w/ Dan Lane, bonus episode from this Saturday "The Ugly Truth About Mortgage Forbearance", the long term eff...

Hi All,I have a potential flip that needs a new kitchen.  Who do you use for inexpensive kitchen cabinets?  Big box store?  In the past I had an awesome custom cabinet guy but I've moved to a new area and don't have o...

This is in Missouri.  One of my tenants stopped paying rent in October.  He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit.  His lease run...