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How was that "income of 3X rental" figure arrived at and do most of you hold to that figure for your rentals?Also, for renting out a room in a home do you follow that same concept of 3X?
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This is kind of an awkward question to ask, and I'm somewhat hesitant to do so, but I'm going to anyway. Basically, I'm using a kind of "packaged" website, I guess you could say, in which there is content built into...
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Do i need any license if I start my own property management company in New Jersey to manage my investment properties?
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Hello all! I'm a new to real estate and looking to start my real estate portfolio using the BRRRR method. I'm currently trying to decide on the best markets to invest in. I've done some research, but I wanted to get s...
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Greetings bigger pockets.I need urgent help. I am living in an owner occupied duplex and renting out the other side. This is my first rental and I closed last December.My tenant just got shot last night. It's not clea...
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I come across these listed at my local REI club. I am wondering how to approach this?
Below is a listing at my local REI club. I have access to deals like this but am worried that it might be an attempt top take adva...
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Hello All,
I'm new to real estate investing and I've been trying to absorb as much info as I can. I'm looking for a property to flip, and I'm looking into all the ways to get a good property. Something I sa...
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After months of searching for my first investment property in SoCal, I've narrowed my search down to a few areas that meet my cash on cash requirement. That said, these areas are a little shadier. Not warzones by any...
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Hi BP!I have a question for the more experienced wholesalers out here. I have a home under contract and my seller is open to owner financing. I have a cash offer on it but it is taking a bit longer for me to sell this...
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This scenario came up in the Buy & Hold / Multi-Family / Short Term Rental study group this past Thursday. Wanted to solicit this group's opinions ...A group member reports that for one of his SFR units, the rent ...