When screening tenants, income is at least 3 times the rent (traditionally). Is that 3 times their Gross income or Net income? I assume Net, but being a rookie, I don't want to make any assumptions. Thanks!!
Very new to real estate investing. Everyone says buy below intrinsic value but how do you do that? Is it just finding properties with problems that scare people off (mold, junk, bad smell, etc) and buying those becaus...
I am looking to do my first BRRRR that I do not live in as a primary residence. I have successfully rehabbed two homes and provided over 120k in equity from them. My idea is to form an LLC with my partner to qualify f...
I enjoyed the thorough analysis of this problem, and am happy to see the wider industry giving some rational thought to the Stabilization Problem.
I was so inspired by Steve's presentation I had to dig out this almos...
I have a multi family deal I’m interested and I’m not sure if it’s a good deal.
What do you look for when you Walk through the motivated seller's house to determine the Cost of repairs?
Hey everyone, I'm new to REI and im looking at making my first investment. I was talking with a property manager who owns many investment properties himself. I asked what kind of home he thinks makes the best investme...
Good Evening,Looking to see what some of your recommendations are for obtaining a conventional 30 yr loan for a duplex/triplex/quadplex investor property in the Tampa Bay area. Targeting Credit Unions and Banks. Looki...
Hey guys, I feel like this is a dumb question, but do I deduct non property specific items across all my properties right? For example buying a bigger pockets book, I want to deduct it under "other" as education, and ...
Hey there BP Nation,I have scoured the forums for an answer to this question, and I have left more confused than when I started.How does DTI ratio work when you own some homes under your name and some in an LLC?My sit...