Matt Kowske
Can I have different screening guidelines for different areas?
I have read numerous times how important it is to have your screening guidelines clear and in writing and to stick to them. I understand that -- but is it possible to use different screening rules for different proper...
William B Wood
Renting SFH by room to college students - 5 unrelated people rule
I'm looking at getting into renting SFHs to college students in AZ. I know there is a rule about no more than 5 unrelated people living in the house but I'm not sure how to interpret this. Does anyone have an understa...
Heath S.
2% Rule?
I have a few rental properties as of now and I am looking to purchase another one in the near future. However since I became a member of BP I have read a lot about the 2% rule and out of my 5 rentals, not one of them...
Katherine Rossell
Closed on a Three Unit Investment Property
My partner and I just closed on our third investment property. We purchased a three unit for $78,000 with the seller contributing 6% towards closing costs, with an FHA loan (love house hacking). The buildings operatin...
Nicholas Stevens
Condo-izing a 3 family
Hey guys - I bought a 3-family last October FHA, 3.5% down payment and was recently kicking around the idea of condo-izing the property and selling the best unit in the property that is completely renovated. I obvio...
Sylvia Castellanos
"Real" lot minimums for a lot to be buildable in Memphis?
This is directed at people in the Memphis, TN, area. I am considering buying two or three lots inside Memphis that are about 0.17 acre. I looked up the lot minimums for Shelby County, and these seem to be 15,000 squ...
Curt Beilke
Rules of thumb
Hello,This is my first forum post. I live in Hayward WI. I'm a newer REI. I have spent last few months education myself via REI books, videos and podcast's, most of which is via this great community of BiggerPocket...
Christy Philippoff
Advise on the new Trump laws
Does anyone know if the new ruling will include the change from 2 years to 5 years of homesteading a property to avoid capital gains? Is there a "grace" period? If it does pass, what would be some of my options? We...
Sandra Cressey
Florida law on condo rules for rentals
I was reviewing the condo rules for a condo I am planning to buy as an investment, and it says that owners are not allowed to rent units to tenants with children under the age of 18. Basically, no minor children of ...
Orlando Goodon
Why are NY/NJ rents so low in multifamily?
I'm confused. I'm a new investor about to make first purchase and after hearing about how rents are surging, I've notice that most places I look at or are shows are low rent. $1300-$1500. I just looked at an $805k hou...