![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2724516/small_1736472770-avatar-raghavendrak4.jpg?twic=v1/output=image&v=2)
2 May 2024 | 27 replies
And you are offsetting a W-2 income in the household.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/948228/small_1694804804-avatar-jjjoh.jpg?twic=v1/output=image&v=2)
30 April 2024 | 12 replies
You can specify the coverage level for the dwelling, household furnishings, loss of use, liability, and medical payments to others.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1863766/small_1713901177-avatar-hayank.jpg?twic=v1/output=image&v=2)
1 May 2024 | 8 replies
We advise landlords to require two main criteria:1) Household income should be at least 40x the monthly rent.2) Applicants must have a credit score of 680 or higher.It's also important to review credit reports for red flags like rental collections or high credit card balances.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1914302/small_1668527070-avatar-christopherj332.jpg?twic=v1/output=image&v=2)
30 April 2024 | 54 replies
It does not.Here is the complete, relevant statute (as amended):"Real estate broker" means any individual or business entity, including a partnership, association, corporation, or limited liability company, who, for compensation or valuable consideration, (i) sells or offers for sale, buys or offers to buy, or negotiates the purchase or sale or exchange of real estate, including units or interest in condominiums, cooperative interest as defined in § 55.1-2100, or time-shares in a time-share program even though they may be deemed to be securities or (ii) leases or offers to lease, or rents or offers for rent, any real estate or the improvements thereon for others, or (iii) sells or offers to sell, buys or offers to buy, or negotiates or otherwise deals in real estate contracts, including assignable contracts, on two or more occasions in any 12-month period.The newest language (in italics) refers to individuals or entities who DEAL IN REAL ESTATE CONTRACTS.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2682065/small_1704993601-avatar-frankb298.jpg?twic=v1/output=image&v=2)
29 April 2024 | 31 replies
This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2811746/small_1721748780-avatar-tschuetze909.jpg?twic=v1/output=image&v=2)
26 April 2024 | 0 replies
Mortgage-backed securities were not a common household term, yet the collapse of the housing market and the onset of the Great Recession sent shockwaves through our industry.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2983730/small_1713279527-avatar-stevens773.jpg?twic=v1/output=image&v=2)
26 April 2024 | 25 replies
But I am single so there is no second household income.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/806415/small_1621498027-avatar-lingc4.jpg?twic=v1/output=image&v=2)
26 April 2024 | 26 replies
The only people making money in NYC are the people that invested years ago or the people that are buying land and building the expensive condominiums on them.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2741744/small_1687290554-avatar-mikec899.jpg?twic=v1/output=image&v=2)
26 April 2024 | 45 replies
The median household income in NC is around $66,186, which qualifies the average family for a $110K house. combine this with higher interest rates on credit cards and rising rent, there goes the downpayment savings.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2682065/small_1704993601-avatar-frankb298.jpg?twic=v1/output=image&v=2)
25 April 2024 | 1 reply
This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.