
18 September 2024 | 24 replies
That's why I moved form Portland OR to Columbus OH to start REI.

19 September 2024 | 6 replies
One of the main scenarios where it does in fact make sense is your example - it might be negatively cash flowing in year 1 - but start cash flowing positively in years 2, 3 and then down the road years 5, 6, 7 (all the way to 30 is technically possible if no refi or sale) the DSCR can explode quite a bit higherAlso sharing links here to 11 articles published here on BiggerPockets all about DSCR Loans, hope these help as well!

15 September 2024 | 0 replies
Market in a MinuteEast Tennessee home sales increased 5.2% from the previous month, and increased 9.3% from a year ago.The median sale price was $374,950 — up 7.13% from the previous year.Total housing inventory increased from the previous year – up 43.2% from a year ago.Half of the homes sold were under contract in 15 days or less, up from 9 days a year ago.44.61% of homes sold for the asking price or above, with 23.72% selling for more than the asking price. 10.32% sold for at least $10,000 over asking and 4% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98% – down from 98.6% a year ago.New construction represented 13.28% of total home sales.If you want to nerd out on the market here I'm always happy to chat.

19 September 2024 | 6 replies
Hello , l am just starting to rent a property out to section 8 tenant , what are the things to do to minimize/prevent section 8/regular tenants from messing up the rented property .

18 September 2024 | 7 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

13 September 2024 | 6 replies
Hopefully, her creative side and my analytical side can complement each other as we start this journey together.

18 September 2024 | 10 replies
You are not crazy :) cap rates on storage got pretty crazy in the last decade as the space has become crowded and money was cheap, starting to see some reversal of that now, but its tough to find deals at a true 10 cap (10 x NOI or NOI / .10).

16 September 2024 | 8 replies
All six (6) lenders the owning spouse has contacted have stated that due to the way the property is titled in the SDIRA (75% SDIRA owned and 25% ownership in spouse personal name), the SDIRA would have to disburse the property totally from the SDIRA and deed the property into only the owning spouses name in order to provide a mortgage loan, HELOC, etc of any kind against the property in order to pay the spouse.

19 September 2024 | 5 replies
Fair credit rating starts at 580 not 680 and these are renters not buyers.

17 September 2024 | 14 replies
We will work our way in ascending order to the number one ranked HOA, starting with an HOA that still deserves merit as an STR option.