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I've been scratching my head at this 2% rule of thumb to determine the rent price of a property. I know it's more of a guideline than a rule, but I just don't understand how I could get away with charging $6,000 a mon...
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Hi fellow BP'ers!After much hemming and hawing about it, I decided that I would like to manage our first property on my own in the beginning rather than hire a property manager from the get-go. I want to at least know...
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Hey all,We bought a house in the spring with a tenant who has been in the house for about 8 years. He is a bit older, has a good job but we've had quite a few headaches since taking over the house.The biggest one is t...
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I want to start by saying a little about myself. Hi I am Tristin! I am a 21 year old from central Indiana currently between Indianapolis and Lafayette Indiana. I have a large passion for things that alow me to struggl...
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Hi Bigger Pockets Community,
I am a first time aspiring house hacker who is looking for advice and for someone to poke holes in my plan before I put it into practice.
My goal is to purchase two house hacks in the ...
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I purchased a new faucet for the kitchen sink yesterday. But I the nut that holds in the old faucet is severely rusted/corroded. After spending six hours on a precious Sunday with no luck, I'm asking the brilliant min...
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Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
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After some inspiration from the Bigger Pockets Podcast, I convinced my wife we need to sell the home we love and capitalize on all the remodeling we have done over the past 9 years so we can start investing. One of m...
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Hey guys, I'm having a tough time getting comps for leads. I'm currently stuck using sites likes Zillow to see what houses that are similar in size and layout have sold for, but I'm not sure how accurate these numbers...
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Hi All - I'm brand new and have a goal to buy a property by EOY. I'm overwhelmed by which market(s) to choose. Because I'm in the Bay area, I can't really invest in my backyard so to speak. Looking out of state (be...