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

Thanks.

Jim

I am just curious, what do you guys budget for a gut rehab on like a 1500 SqFt Single Family? I know it ranges, but I am interested in what the different costs are out there. When I mean gut, I mean, putting in new pi...

Is this normal? 
Met with RE agent yesterday and described what we're looking for... 
"Important that its a DEAL not RETAIL" I said
"Ugly needs Cosmetic work, can add equity with upgrades" I followed up 
We gave o...

Hey BP community!I’m about to start building a vacation rental in the dessert near Joshua Tree. I’m starting to feel that by the time it’s built we could be in a rescission (if we’re not already). What will this look ...

I know I might be opening up a real can of something on this thread but I need to get some advice from some commercial RE investors if possible. I recently ran across a rather unique biz op. I have a client that's bee...

Hi Everyone - I'm new to BP and new to REI.  I live in Southern California, as the market is super inflated.  I am looking to make my first real estate investment as I have enough cash to either buy a cheap place in a...

I’ve attended NoteExpo 2018 and the recent Note Camp, and I’ve walked away with a colossal list of vendors for things I apparently need but didn’t realize I need. However, what I still don’t have is knowledge of the ...

Hi BP community!I'm just starting out in REI. I'm looking for thoughts or feedback for me on what it means to be "socially responsible" when it comes to REI and property management. Anyone think I'm being naive? :)I p...

I'll try to make this short, I'm about to venture into my first flip, property is $58000, rehab costs $50,000, arv $180,000. My liquid funds are extremely limited so finally I found a hard money lender that will fund ...