Ricky Reese
Calculating Cashflow with the 50% rule
I'm currently crunching the numbers for properties in my area. I wanted to make sure I was on the right track. So for a single family home the value is $80k. The Principal and Interest for the mortgage is $292/month. ...
Michael Peralta
2% Rule Situational?
Hi BP,I am aware of the 2% Rule when it comes to Real Estate investing. However, does this rule apply if you are not putting 20% down? Reason being, PMI payments could shift your numbers.Should the 2% rule change to a...
Lindsey Ambrose
Income Requirement Question
Hello all, I am wondering if the 3x the rent income rule applies to the entire household or each individual tenant. I have 3 friends/roommates looking to move into one of my units and 2 of them make 4x their portion o...
Ana Palmer
ATLANTA GA HOA RENTAL QUOTA RULE
Hi there,
I own the house in Atlanta GA and my community has 80/20 rule for renting the house. Everyone has to apply for renting and they accept for 20% on first come first serve basis. I wanted to know that If I mo...
Diogo Alves
The 1% / 2% rule by purchase price band
(Didn't find this in any other forum, if it exists please link me to it.)The 1% or 2% rules are great rules of thumb, but they mean very different things (and can constraint investors to unrealistic expectations) are ...
Jorge Hernandez
Bigger Pockets 50% rule...
I use the 50% rule to quickly analyze a property
Property
Irvington, NJ
265,000 with property tax being just under $11,000
2 bed/ 1 bath over 2 bed/ 1 bath
rent according to zillow is 1,400 for an updated , nice ...
Sean Larson
Exiting an FHA-financed home after Refi?
I'm in my current residence in Grand Rapids, MI for almost 2 years now via FHA. I refinanced in the spring but now I'm wondering-Does the must-live-in-your-fha-house-for-a-year, rule apply to the house after the refi ...
Tracy Slowik
How are you handeling Flip constraints with Lenders?
I am trying to not hold my properties as long as the Lender Flip laws would require. Any suggestions on getting around this?
Michael King
ESA and SA Rules - do they apply for a Room by Room SFH rental in Texas?
I have a 6BR SFH in San Antonio TX that I will rent out on a room by room basis. I own the house and I am self-managing. My desired clientele are primarily traveling nurses, professionals and digital nomads. I have re...
Account Closed
Dallas investors- How are you finding deals?!
Hi everyone,I just moved to Dallas last week and I'm surprised how the market is currently working here. I've been submitting offers on a daily basis, only to find my offers were way below the winning bids. It doesn't...