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I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...
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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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The reason why this industry brings some of the best and brightest is that is so dynamic, no changes in the market are in a vacuum. Clients that are expecting rates to slip, a sentiment that I agree with, are missing...
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I usually avoid any thread that falls under the “wholesaling” category because it always seems like a bunch of nonsensical posts from wannabe “investors” who have never done a deal. Half the people make it sound like ...
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I just got a Bigger Pockets email with an article about all the reasons I should not invest out of state. I live in the SF Bay Area and can not afford to buy in state and that article scares the s*^+ out of me.
If I ...
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Hi All, Noob out of state investor and this is my first investment property. I recently closed on a duplex in OH. Both units were being rented. However Renter 1 stopped paying rent during the ownership transition.Prop...
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I'm curious to hear what people have to say. As an economist/risk professional in the banking space, I feel that I have decent insight into the industry. Those of you warning of a housing bubble... I just don't see i...
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Hi all,A little background - (skip to the tldr at the bottom if you get bored) I'm mainly a buy and hold index fund investor. While I'm certainly no finance major, everything I've read about investing has led me to ke...
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Chris kind of glossed over this since it was his intermediary between flips and flops, but does anyone have any thoughts here?
I love Bigger Pockets so much but I hate how I always want ten plus hour episodes and the...