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Just wanted to announce today that we’ve added some enhanced capabilities to the forum signature here on BiggerPockets.We now allow agents and other professionals to show off their certifications, license numbers, and...
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I just got back from the two day seminar in Houston, been wanting to go for years and after losing 17K on my last flip I decided it was time to pay the $750.00 and go. If you know nothing about real estate I'd say it'...
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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...
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Hi all,I've been finding really good deals for cash flow in some of the smaller towns. However I'm a bit nervous about purchasing in a town where there's not much going on.We are foreign investors, strictly purchasing...
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This post is a summary of my experience doing an out of state flip with a turn-key flip company. I am posting because there is very little information about this organization online and other potential investors shoul...
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I was thinking in a long term view. Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...
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Hey Guys! I'm just dipping my toes into the waters of Real Estate Investing and I'm interested in buy and hold rental property. However, the more I look and analyze deals in my area, I'm seeing that there aren't any d...
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I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...
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Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...