Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (4,033+)
Jason Fox Seattle / Tacoma Area, Does the 1% Rule still apply for rentals?
29 September 2016 | 9 replies
I already own and rent out 1 house, a 300K, 4 bed 2.5 bath generating about 1900/mo @ $220 "profit" (nowhere near the 1% rule)  - I rented this house purely as a means to purchase a better home, and as a necessity to forgo a contingency when buying.....Fast forward to now, with my 401K proceeds, this summer I bought 2 more homes, here is the breakdown;Home #2 ,  a 1947 Puyallup home,  3bd/1ba nicely completely remodeled w a Olympic mtn view and close to everything , Paid 250K w 20% down, payment ~$1300 @ $1850/mo $550 profit (not 1%)Home #3, A 1908 Tacoma House w peekaboo ocean view, 3bd, 1ba remodeled in a gentrifying area, paid 185K w 25% down - payment $950, rented @ $1750/mo $800 profit (not 1% either)both houses were long term flips by the seller and I bought them turn key, The market here is red hot and I was lucky to get each house, most everything on my interest list sells within 1 to 5 days, I go in with the down payment and waive inspection to get the deal. 
Account Closed Previous Tenants Mail
15 November 2019 | 4 replies
The Post Office sans everything and if the barcode is there is may just come back to you (kinda like the Elvis song)
Joshua Poitras Out of State Investing Pros and Cons
19 August 2022 | 29 replies
You get to brag to other people and sing cool songs like "I've...got...homes.....I've got hoooooooomes.  
Trent Barga First MF Deal - Need confirmation
17 February 2023 | 22 replies
Which forced me to bring cash to the table $100k worth, just to take out my hard money lender lest I get foreclosed upon by them for going beyond term.2.)
Peter Lee How are sale values of ADU's?
29 December 2020 | 53 replies
But yes with financing, there is a little song and dance that you and the realtors must do: basically you can have everything in the unit EXCEPT a stove!
Debbie Lee Please help $41,000 paid to a guru company to be refunded !
5 September 2017 | 459 replies
@Joe Cummings What a great song, exactly !!  
Roger Pearce Property Manager refuses to be fired!
24 February 2023 | 12 replies
I’m also for going over their head and filing with the real estate commission.  
Gabriel Pais Sell Investment on an 1031 exchange?
17 March 2023 | 5 replies
Selling the home can mean that its going to sit vacant for a while forgoing opportunity cost.
Dave Lawrence ADU potential, 1031?
9 March 2020 | 4 replies
Also: My fear is that, in order to do so, I would have to forgo the VA loan and go with a commercial product.
Jesse Robert Zamarripa III Don’t know anything about real state. Livingpaycheck to paycheck
19 September 2019 | 40 replies
He give a great step by step plan for going from broke to becoming financially free.