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noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
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Hi Bigger Pockets:So I have 5 units in a cash flowing market, section 8 and yes I have tenants that don’t pay etc, my question are:1) the area does not appreciate like San Diego, so shall I buy more of these ~$60k ~$4...
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Hi all, I know there’s CAP rates, ROI / NOI, 1% rules, but in terms of cold hard dollars, I’d be fascinated to know what you average real life positive cash flow per door is, on average, per month. I’m just asking for...
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
A humorous tag line but a series topic. (grab a soda, this will take moment)One of the things that I like most about BP is the ability to come here and talk at varying depths about something that I am extremely passi...
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Hello BP Community,I did a data analysis on this property as for potential rental property. But I'm a newbie and I don't know if my calculation correct and reasonable, so I'm asking for your expertise here if you can ...
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Hello recently my great aunt passed about a month ago and now I wanna subject 2 it just to keep it in the family and to own my first house. My question is who would inherit the house? My aunt wasn't Married or didn't ...
Hello all, I am curious as a real estate investor, what you guys are seeing in the market and how it will affect REITs. I know this is a "own and operate" forum mainly, so if it's not an appropriate topic, feel free t...
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Hi all,
Newbie question: since there seem to be many areas in the US where houses cost $20-100,000 and there are several government financing programs that let people put down very little as downpayment (less than 10...