One of agents emailed me a deal today. It's a 6 unit property in Berkeley. All 2 bed 1 bath. 4 of them pay $600 per month which is only about 30% of the market rate. Is this deal something we should avoid? This is som...

Hello BP!My name is Kwon Do and I am a healthcare professional in Los Angeles, California. I have been lurking in the forums, reading blogs/books, and listening to podcasts in the LA traffic. I have been reading up on...

Do any multi families actually operate with only 25% expenses in relation to gross rents. I made an offer on a multifamily property and used 50% rule as a guideline. The realtor's response was.....

" Vacancy ...

This is hilarious: http://instant-guru.com/vsl.php?private&a_aid=4f2d...I would say this confirmed what many people here know about what a scam a lot of guru courses are, but I don't feel like I can trust him...Be...

Hello everyone.
A brief intro. I owned an identical 2x3bd floorplan duplex in Sacramento for 10 years and I have plans to sell for a modest profit when RE market gets better. I hope that would be 4-5 years from now.
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Everyone has an opinion. I've been talking to a couple friends who think he is God Almighty. They wish for one day to meet him. Being the skeptic that I am, I attended one of these seminars ran by one of his speakers,...

I just wanted to give everyone a heads up if you are working with any wells fargo files. Apparently now they are issuing approval letters that Do Not stipulate that you must not resell the property for 30 days but on...

Today BiggerPockets Crossed the 500,000 Member Milestone!I can't put to words how much that means to me.  Thank you to everyone who has become a part of the amazing BiggerPockets family. I'm so proud of our staff, mod...

Hello, I'm developing a business plan for my REI and I'm wondering what credit score do most people use to determine potential tenants? 780,740,720, 550???? Is the score or the record what concerns landlors most?I pla...

Hello all,I'm brand new here and as a landlord so I'm posting this in hopes I can get some opinions into what I should do.  A few months ago I bought a new house and held onto my old one so I could rent it out. I've...