So when I initially planned on flipping 5 or so houses this year I had this crazy notion that it would be semi reasonable....1 every two months or so. Instead I ended up buying 1 from a charity and 2 at a foreclosure ...

I guess my question is how accurate do you find the 50% expense rule?

If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...

Hello Bigger Pockets!  I'm new to these forums and hoped to ask my first question - for those that have already reached their goals of financial independence, or are are getting close and making plans, I'm curious to ...

I see the day coming when you can't afford to manage a small portfolio of rental properties.The tough part for me has been getting maintenance done for little stuff. I have had so many handymen over the years, some li...

just closed on #20 today. it's a milestone since one time we thought we'd stop "when we hit 20", and "can u imagine having TWENTY houses?"i need a new goal and at this point it's 35, when i think i will stop working a...

I have a warehouse type apartment that doesn't have any blinds and no one can really look directly into the apartment without a telescope or something. I have a female tenant who is moving in in two weeks and she's as...

Hello everyone! Please help!!! Here is my situation & hopefully you can give me some enlightenment on what to do.
I’m under contract on a property (through FHA loan) in Salem County, NJ. 
The asking price is $2...

I have talked about markets correcting for quite some time (actually began posting more in anticipation of a my fears of us spiraling into a depression like crisis). Here and here are two of the previous forum posts w...

Hello BP family,
Thank you for all your inputs that have led me on the path of putting together these blocks towards a building of financial freedom. Here I am once again wanting to fetch from this well of knowledge....

As I've been getting calls from potential sellers the words 'seller finance' and 'lease option' are met with near automatic 'NO's. When asked why sellers always say they don't want to deal with the property and th...