Andrey Y.
How to determine how many investment properties to buy
First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...
Bhavna Chopra
Buy and Hold property advise!!!
Hi Everyone, I am a new member from Dublin CA. My husband and I are planning to buy our 1st investment/ rental property in the East Bay area and are looking for some advise. Our budget is around $500K ( Looking for...
Swetha Narayanan
“Weekend” home for real estate investing - Houston area
Hello everyone, my husband and I are new to the idea of real estate investing and have been listening to bigger pockets podcast for a few months now. We are interested to explore what viable options there are in Hous...
Joe S.
What are the best cookstoves for rentals?
What are the best cookstoves for rentals? Not looking to spend a fortune of course. Looking for good bang for your buck that should last a while for rentals.Like to hear what others are using. I’m not looking for the...
Account Closed
People on the move...middle class moving from expensive cities to cheaper cities
Here's an interactive map that uses the 2000 and 2010 census data. http://projects.nytimes.com/census/2010/map?ref=usNotice the following:Larger, expensive cities have not seen large percentage increases in populatio...
David Bowles
New purchase, current tenant is not current on rent
Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
Brad Simmons
Calculating NOI to arrive at Cap Rate
I'm reviewing the tax returns of the seller of a 32 unit C class property. Below are screenshots of the returns.So to get NOI from this information, I should subtract Depreciation and Interest to get the actual expens...
Account Closed
First Duplex Purchase and Renovation
Hello!I have just purchased my first Duplex in the Milwaukee area and I will be living in the upper unit while renting out the already occupied bottom unit. The upper unit needs some renovating before I move in which ...
Michael S.
18 unit going under contract this week looks like a winner
I'm new and have been doing a lot of reading on here. I think I have found a good investment. Numbers are $118,000 a year. $41,000 in expenses. Purchase price $400,000. $100,000 down and 5% at 10 years. Seller financi...
William Kulow
How do we feel about fish?
So I currently do not allow pets in my rental, but one of my tenants asked me about a fish and was just curious about how landlords felt about it. I feel like it can be costly on utilities but the tenants are responsi...