![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/939000/small_1739741761-avatar-vinny554.jpg?twic=v1/output=image&v=2)
16 February 2025 | 1 reply
.), and that paired with an old 1800s house and less-than-ideal tenants turned into a slew of issues:- Rodents (yes - rats IN the house)- Roaches- Mold + massive remediation (full kitchen reno because of it)...and so on.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3152892/small_1733340099-avatar-maryh267.jpg?twic=v1/output=image&v=2)
7 February 2025 | 11 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1367525/small_1694642100-avatar-gabef10.jpg?twic=v1/output=image&v=2)
27 January 2025 | 8 replies
Ideally, I would like to use the buy and hold strategy, with a 50k budget to get started.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3094114/small_1722981955-avatar-travisg201.jpg?twic=v1/output=image&v=2)
13 February 2025 | 22 replies
Then we look at the condition, and other factors, from there we send it to our clients that match their buy box.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3182701/small_1739418153-avatar-mattr663.jpg?twic=v1/output=image&v=2)
16 February 2025 | 18 replies
Ohio has lower property prices, strong rental demand, and better cash flow, making it ideal for BRRRR.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1058956/small_1696898299-avatar-ericm348.jpg?twic=v1/output=image&v=2)
14 February 2025 | 22 replies
I'd like to simply buy a turnkey rental and make cashflow but I understand that's easier said than done and turnkey properties likely won't provide me ideal ROIs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2615612/small_1736642203-avatar-luisam10.jpg?twic=v1/output=image&v=2)
1 February 2025 | 23 replies
Stock Market = Multi-Unit Property = Established Business = Payoff rentals = Hard Money Lending = The ideal situation is too invest in the item that will get you the highest return and lowest level of difficulty / time spent.Best of luck
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3105759/small_1724378407-avatar-tylerw655.jpg?twic=v1/output=image&v=2)
1 February 2025 | 11 replies
How much cash is ideal to have on hand when starting out?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3166324/small_1736287582-avatar-desireeb52.jpg?twic=v1/output=image&v=2)
16 February 2025 | 5 replies
@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/301051/small_1621442806-avatar-bretc2.jpg?twic=v1/output=image&v=2)
13 February 2025 | 25 replies
Get some land that's ideal, and get a tiny whatever.