Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
Any action in your market regarding these rules/laws etc. ?
Brian Schamp
Post Hurricane Challenges
13 January 2025 | 2 replies
I think demand is decent.If you're looking in a flood zone you'll definitely want to understand the FEMA 50% rule.
Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
So, for a $2,500 rent with a 3x income rule, you’d expect their combined gross income to be $7,500/month.As for utilities being included in the rent, some landlords in NYC do lower the income requirement slightly (e.g., to 2.5x or 2.75x) since tenants won’t have additional out-of-pocket utility costs.
Tiffani Hollis
Appliances - New or Used?
17 January 2025 | 6 replies
A warranty can bring peace of mind, especially if the tenant values quality and reliability.Here’s our rule of thumb:For budget-friendly rehabs: Used appliances from a reputable source can be a smart choice.
AJ Wong
What STR investors should expect on the Oregon Coast in 2025 and beyond
22 January 2025 | 2 replies
Specifically; rules, regulations and permitting procedure.
Dennis Knapp
how to figure repair costs and arv
15 January 2025 | 7 replies
@Dennis KnappJ Scotts book on estimating rehab costs is a great start. https://store.biggerpockets.com/products/the-book-on-estimat...Here is a "general" rule of thumb for my market in Jacksonville, FL.
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
If there are items of value left behind, or even personal items of sentimental value, I will follow the abandonment rules to a "T" to avoid any legal issues.
Andrew Slezak
Section 8 rent increase
28 January 2025 | 9 replies
There are specific rules on when rent increases can be submitted for review, but there are no guarantees when they will respond.
Roman Balmakov
Should I Buy a Cashflowing Multi-Family That has Permit Issues?
17 January 2025 | 7 replies
You are taking over for someone who didn't care at all about the rules and you want the city to just be like, "yeah, this is fine"?
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
I agree with Patricia, but there are always exceptions to every rule.