Ryan Worley
When the 2% and 50% rules should be used or ignored?
I have analyzed several homes using the BP rental calculator. Multiple times, I have had positive cash flow ($300/mo) and acceptable CoC ROI (5-7%).However, these homes have all failed the 2% (and 1%) and 50% rules. W...
Hunter McClellan
First Investment House Hacking and Cash Flow
I am thinking about house hacking a duplex in Texas with a FHA loan and am not sure what I should be shooting for in regards to cash flow after I move out. If I pay close to full price, I will pay around $200 a month ...
Chris Stromdahl
Drive by direct mail letter salutations?
I have been systematically driving for dollars and have collected a significant list.Two things:I can go online to the county assessors office to collect the owner's name, mailing address, etc. Do you think that this ...
Jenifer Levini
Wondering about forming Delaware Series LLCs in California
Has anyone started up and run a Delaware Series LLC in California? What are the pros and cons? It looks like having the "series" which allows many LLCs to be operated under one umbrella LLC would be much more economic...
Felix Z.
Chicago Climate: Slab vs. Crawl Space Foundations
Hello everyone, I have been active in my search for my first property and wanted to gain some insight on the pros/cons of a slab foundation vs. crawl space/basement. I know slabs hold up well in warmer climates, but d...
Geum Chan Hwang
Partnership with Friends.. Any Advice Will Help!
Hello BiggerPockets community!My friends and I are planning on a real estate venture and we would like some advice and, or insight on setting up our partnership. We are aware that it is highly recommended not to partn...
Eduardo Lopez
Spring Is Real Estate’s ‘Rush Hour’
Spring Is Real Estate’s ‘Rush Hour’ — Here’s How to Tell If You’re PreparedThe most popular time of year to buy a home is in the spring, and this means that if you’re preparing yourself for getting into the real estat...
Robbie Case
What comes first? The money or the deal
Just pondering if I should get a pre-approved mortgage first or hunt for potential deals. It'd be a lot easier hunting down a property if I know what my capital situation is before hand, but I'm not sure if that's the...
Dan Graney
Responses to my first ad
Good morning. I purchased my first rental property, a duplex, and I am living in the smaller upper unit. The house will be rent ready on the first of April so I put my first add on Zillow and Craigslist yesterday. I g...
Kenneth Garrett
Implementing a No Smoking Policy
We are implementing a no smoking policy on a four unit we purchased last month. Anyone have any experience in implementing this kind of policy and enforcing it. As leases expire we are adding the no smoking policy...