Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
Yes, my banks require a 1.2 DSCR debt service coverage ratio, meaning they want to see rent 20% higher than the mortgage payment.
Noel Coleman
Unlicensed & Uninsured Contractors
6 January 2025 | 7 replies
These are all important considerations, and understanding the requirements can save a lot of headaches down the road.
Keith A.
Going without landlord's insurance. Have you done it?
7 January 2025 | 7 replies
Assuming you don't have a mortgage that requires a certain level of insurance, you can get a stop-loss policy covering all the properties.
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
Requiring occupant to have renters insurance is another possibility for extra protection.
Khalaf Spencer
Hello, I'm new to Bigger Pockets
21 January 2025 | 12 replies
But is there a requirement that you need to full fill before making your first post?
Fredrick C. Oesterle
accepting multiple applications
9 January 2025 | 4 replies
Our laws require us to offer a rental first come first served (first completed application that qualifies must be offered the unit).
Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Canton is not quite as bad, although they have increased annual fees and initial inspection requirements in the past few years that Akron never put in place.
John Jacobs
Actual Cash Value versus Full Repair Cost
20 January 2025 | 5 replies
@John Jacobs I require my borrowers to have policies that cover replacement cost.
AJ Satcher
Single HVAC System In a home with 2 units. Smells go right through duct-work!
15 January 2025 | 2 replies
That would probably require a professional.