Matthew Mucker
Where does the 50% rule come from?
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...
Lisa S.
Need ideas on how to cut expenses
hi all, I have 2 small multi family (4 units) and I am getting killed on expenses each month. They are averaging $3500 each month and that's before the bills are paid. Most of the tenants are section 8 and call for re...
Katie Bustos
House hacking taxes?
We are buying our primary residence and it will have a 1 bedroom garage apartment in the back. We will start by renting this out to my father in law. Is this considered a rental property? Is there anything we need to ...
Patrick McCabe
Can I deduct expenses incurred prior to listing my STR?
I purchased my property in October 2018... however I did not list it on Airbnb until January 2019...therefore I had no rental income in 2018.Can I still deduct expenses such as mortgage interest, property taxes, depre...
Mansi Kothari
Help me analyze this deal in Brooklyn, NY
Hello there, I would appreciate some extra eyes on this deal. I've run it a few ways and would like to better understand if this deal makes sense in a market like Brooklyn. Welcome your thoughts and suggestions. Thank...
Ari Lagunas
First Time Investment Property Strategy - San Diego
Hi everyone,
I’m based in San Diego and looking to purchase my first investment property by March 2025. I earn around $15k/month from my business, but my income is somewhat variable, which might make securing financi...
John Son
Opportunity, or not?
Hello everyone! I'm a new member looking for advice about an opportunity I've been given.Due to my new job at a large mortgage lender, I started listening to BiggerPockets to familiarize myself with the real estate in...
Amir B.
Duplex Analysis
Hello BP Community,I found a deal near my work. It's a two bed/two bath duplex. Asking is $435,00. Lot: 8,276 sqftMulti FamilyBuilt in 1950Price/sq ft: $194Both units are vacant. So, no tenants in place. I am interes...
Nicolaas W.
Veteran, College Student, looking for avenues to start investing
Hello all,I am a Veteran and college student attending Texas A&M in College Station, Texas. I originally moved to Austin upon leaving the military, and wish I would of purchased a house when I did, but no sense ru...
Marc Young
First time investor which direction do I go?
OK here’s my question. I want to get in to real estate investing and this would be my first time. If I had to pick which direction I should go if I want to make this an ongoing thing. I have 30 K in the bank and I can...