I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
Hi everyone!I am looking to buy a new primary home next year (currently my primary is a condo and going to convert that into a rental in 2021) and was wondering if you could use the tools of an FHA loan to buy it and ...
For those of you that have left W-2 job wondering at what point you felt comfortable doing that, was there a certain magic number you had to have, did you have a plan in place before leaving, did you ever look back, w...
Hello Folks - I am being offered a turnkey property in the following neighborhood on Scottsdale Ave zip 38115 for $120,000. It is classified as a B+ neighborhood. The house in question is a 4/2 with projected rental i...
Savvy apartment Real Estate Investors know that the most common benchmark for measuring returns and gauging pricing for commercial real estate is the cap rate. The cap rate is the annual return that investors receive ...
What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...
Hi to all BPians out there,please guide me with your expertise in Rentals niche.I'm a newbie to REI space, but sincerely working towards becoming a good one in coming days. Also, joined my local Habitat volunteer prog...
I have a chance to rent out a large room for $2000 a month in my primary residence where I live (Key West prices). I am unemployed, my wife makes about $65,000 a year working, for our healthcare we are receiving Obama...
I heard this notion 3 times in the last couple days: going to wait and safe my money until inflation is over and prices come down again, one of them a fellow investor!! It seems to me that people think inflation is ba...
Hi I am excited to start my journey at 20years old into not just real estate investing but also financial literacy. I’ve come to BP to learn real estate but most importantly understand the amount of work it requires t...