Hi BP Community, Can someone please tell me if the 2% rule the same as the 50% rule. Can the 2% rule work for properties in Massachusetts since the prices of properties are pretty high? Thank you allTarcizio
I want to become a real estate salesperson in Arizona. Should I pursue my goal if I have a misdemeanor assault from college bar fight?It seems that the requirements would preclude me from obtaining a license. Is this ...
I bought a new construction SFR, smart home, energy efficient house for $520,000 last Nov 2021 and it is a LTR. I am trying to figure out if a cost seg study would be worth it or would any depreciation recapture I wo...
I'm in a position where I can help my parents financially but I don't think handing them over a bunch of money is in anyones best interest. I was thinking about buying a few rental properties and having them manage t...
As a hard money broker, I’ve been seeing more investors use DSCR loans for rental properties and other investment projects. I’m curious to hear from others in the community—how are you finding DSCR loans as an option?...
I think it a rediculous product. If you're looking at a 50 Year mortgage, you probably can't afford the property. I think the lenders are just trying to screw consumers with another way to drive them into bankruptcy...
I’m looking to get started in real estate investing in need your help! I don’t have much money to put down but I do want to start saving for my first move. What should my first movie? How much money do I need to save up?
Truly happy to see so many people benefiting from my previous posts. I was thinking for some time about what my next topics should be about and I finally decided to start it off with yield maintenance. When you have f...
One of my favorite Podcasts of all time (aside from the BiggerPockets Podcast of course!) is Pat Flynn's "Smart Passive Income" Podcast. I was wondering if there is a natural tendency for Real Estate Investors to be ...
Hi there, and thanks for reading.
I have a rental property with strong / steady annual net income of about $100k/year. This is after all expenses/depreciation.
I'm not looking to build a rental portfolio, but wonde...