When evaluating a potential real estate investment, both the Debt Service Coverage Ratio (DSCR) and the 50% Rule can be helpful tools. However, they approach financial health from different angles.
The 50% Rule is ...
First let me start off by saying that this thread is for those animal lovers that have pets and consider those pets to be a part of their family. I don't really need to hear from the cold-hearted, non-animal lovin...
An colleague closed on a single family house for $68K. He anticipates $40K in repairs and a rental income of $1400/month. The ARV will be $160K.Based on that limited information, Rent or Flip and why?Go!
Hey All,This is my first post on BP which should probably be in the introduction page. Ill head there after this post. I am debt free with an outstanding credit score. I've done Hundreds of hours of reading on RE Inve...
Yesterday morning I got a call from two nurses attempting to conduct a home visit with an elderly Tenant of mine. They said she wasn't answering the door but the TV was on. I tell them she's hard of hearing and they n...
Hi everybody. It seems like a huge number of BiggerPockets users are looking to quit their jobs and transition into full-time investing. A major roadblock to this, however, seems to be health insurance. Those of you w...
Let’s face it, for those of us in the business we knew a correction was coming. This hard this fast was beyond the prediction of most if not all of us. We knew the party had to end one day but, the awakening was rude ...
Greetings everyone! I am excited and grateful to be a new member here on BiggerPockets. I have been gleaning information from here for weeks and just now joined, so I am excited to continue learning. Right now I am...
Hello BP,
Alot of people talk about Cash Reserves but I haven't seen what that amount actually is. Is it 10k on 100k house 10% of purchase price. Is it the price to fix one huge problem? 5k for the roof so ...
I am seeing a lot of people jump in and out of the market. Why do you think that is? There have always been a lot of "part time" investors; people who do deals now and again. Maybe a flip a year? One or two wholesa...