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Hey BP,Recently I came across a great deal on a condo in Baton Rouge. A friend of mine that I graduated high school with is selling a condo that his family has held since 2006. It rents between 950-1100/mo and has onl...
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Hello Biggerpocket peeps, Just want to introduce myself, I signed up with BP for a several years back, but have been so busy with business to get on this board and contribute. So my name is Guy Nguyen, Real Estate Br...
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What's up BP!
Many people have asked me what they need to do to get approved for a loan. There are a bunch of ways to help prove yourself to a Lender, but staying healthy in these four categories will put you in t...
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Hi BP family, I’m considering buying my sister’s house here in Texas because she’s moving to California. I’m getting a pretty good deal at 135k (no agents involved.) She’s in a time crunch and would like to sell quick...
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We have a local non-profit coffee shop here in Brewerytown that employs mostly aged out foster youth. It's a block from my house and my partners and I meet there nearly weekly, we meet other investors/bankers/realtors...
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Hi all. I’m a property manager by day (so wish I could type out a cool superhero gig), and I rent my house to two roommates who pay my mortgage plus additional Cashflow. I need your help please!Do you have experience ...
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DSCR / rental / hybrid / even conventional lenders who have an opinion: Where is DSCR heading?
Context: The DSCR space is largely controlled by 10-12 institutionally backed lenders. There's hundreds of other lenders ...
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I need to replace a refrigerator for a tenant that i think may stay in house for a long time. Instead of just buying some $500 fridge has anyone proposed to give the tenant a $500 stipend to purchase a fridge of thei...
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Hello yall,I'm moving with my girlfriend and her son to Dallas (where I'm from) from Long Island, NY mid-October. I want to buy a duplex as an investment using an FHA first time homebuyer loan. My plan is to rent out ...
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We are nearing the end of our first year lease on a SFR and trying to decide whether or not to increase the rent for the coming year.
I've read that you typically increase ~3% annually but we are hesitant as we are ...