Hello,I am new to real estate investing, but I have quite a bit of student loan debt. I was wondering if anyone else has had the same experience and if it would be better to pay off some debt before starting to invest...
We are under contract with an REO and the bank won't allow us to turn the water on for the inspection timeframe. They said we can do a pressure test but our inspector can't do it because it's against code for him to d...
You hear all the time about how people can start in real estate in a myriad of ways. Does anyone have any personal stories or know of someone who got started in real estate with 1K? Please keep UK n mind I am fully aw...
If you’re house hacking in say a duplex and the mortgage is $1,0000 but the rent collected for one side is $800. Does it still meet the one percent rule because if you moved out and rented your side it’d be $1,600 in ...
I recently got a new job that is 86 miles from my current home. I've owned my home for 2 years now and thinking about renting it out and getting a new one closer to work. Including my house i am 700K in debt. I am a v...
I currently own one rental and my primary home. I want to make a multi-family move but with my current income/debt ratio I'm not getting enough monthly to make a purchase. I want to explore an FHA Loan for this. Shoul...
Hi everyone,I have been more focused on rental properties vs. flipping but my wife would like to flip and I have a construction background so it make sense for extra money to put into rentals.The question I have is wh...
I know, I know it will vary based on costs, utilities, taxes and deferred maintenance etc. but is there a rough estimate that you use for back of napkin calculations for NOI as a percentage of the gross rents?
What would you do?? We recently took a chance and decided to invest outside our immediate area in order to secure deals – a potential first flip or affordable rentals with good potential rental income. We have been...
Hi Everyone,
Let it first be known that I am very new to BP and learning all the time. I guess I am just looking for validation on the approach that I am currently taking in my buy and hold strategy.
In...