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Can someone please tell me the 'rule of thumb' when evaluating a property for rental? Or better yet, what is the '2% Rule and the '50% Rule'?
I'm looking at a potential deal tomorrow and I'd like to get my numbers rig...
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Hi Everyone!
My partner and I remember recently purchased our first property which is a 3 family in Chelsea Massachusetts (very tenant friendly state). My partner and I will be landlord occupying. The building has 1...
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For house hacking through an FHA loan, and as per some of the pro video workshops I viewed, you can restart a house hack after just one year (not two years)? I live in NJ and want to make sure of this going forward a...
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Little backstory...my husband and I bought our first home in 2015. When we started trying for a family in 2016, my husband got into all things bigger pockets, and read/listened to everything he could get his hands on....
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Hi everyone,
My rental property is a SFH (class A) in a great neighborhood and in the coastal region of the Bay Area known for outdoor spaces, nature and great quality of life. It is now on the market to rent and bec...
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I own a duplex in a nice quiet neighborhood. Both sides are rented out by fantastic long term tenants.
Recently new neighbors moved into a rental across the street. From day one the tenants have been completely absen...
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I have a possible tenant stating they do not have to pay a non refundable pet fee to have two small dogs live with them in our property because they are therapy dogs for her dad of which she is the caretaker for. To m...
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Hi BP nation.
I only have 1 property and I am relatively new to landlording. My tenants have sent checks on time every month. Usually arriving no later than the 28th each month.
It's the 2nd and the mail man just ca...
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Hi all -- looking for some advice. My tenant has been complaining that there are cockroaches in the unit. When I purchased the property, there weren't any. I do inspections about once a month and this tenant isn't the...
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I'm a wholesaler in AZ. I'm new multi-family, but have wholesaled SFRs for over 5 years. I write purchase contracts, I assign them in escrow, and I show up on the HUD. I'm careful. The vast majority of my stuff closes...