I was running some numbers and one thing confuses me.
I've read that banks only allow people to take on a mortgage 2-2.5x their income. Rental income is added at a 75% rate.
Doesn't this limit the size ...
Hello BP!What are some key indicators that you look for when deciding on a city to invest in? These metrics can be things such as positive population growth, low crime rate, education/school proximity, etc.I appreciat...
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
Hello BiggerPockets! I am looking for general feedback on REI success (within the next year) in the Sacramento vs San Diego region. Reason being, my partner and I are planning a big move from Silicon Valley to either ...
I was recently approached by a wholesaling company about working for them as an Acquisition Manager. I have similar sales experience and the are trying to recruit me.. after doing some research it seems like I could d...
So I’m a small time investor with one rental for about a year and only slowed down getting more by my 40k job. I’ve been pondering starting Property management but of course need to get my real estate license. So t...
Hey BP team,I need some expert advice, has anyone experienced a nation wide moratorium before?? If so what happened afterwards? Let me guess evictions and foreclosures right??I am ready to jump in this game but I figu...
Hey, I was wondering, I'm in the process of 0 balancing all of my credit cards. The only debt I will have after that is about $8500 in student loans(DIRECT UNSUB STAFFORD LOAN), its 3 loans but the highest interest ra...
Hey Bigger Pockets Community,I'm currently being faced with an interesting dilemma and wanted some input. I work an OK 9-5 office job at the moment and have been presented with a few options. I've had an offer of anot...
Hello BP friends!
On March 2020 I bought a new construction single family home with a accessory unit for 725k I have been house hacking living on the in-law unit. The main house is a 5bed/3.5 bath with a pool and the...