Hello, I am looking at buying a single family household to rent in or around Columbus. I have been doing the 50% rule and 2% rule to find potential leads in my area. I have yet to find one and was wondering if anyone ...
Hello All,
Here are some guidelines I found about researching a neighborhood.
1. If it is a mid-sized city, not a metro, you want to have a 20% population growth. If the population is larger than 1M, there should be...
Yeah, I understand, you've heard it countless times. "The location plays a crucial role in determining the success of an investment." Believe me; it's no laughing matter. The importance of selecting the right location...
They were a month ago, suddenly they are not. They told me that the secondary market they sell the loans to has stopped buying them. Switched to my other lender, heard the same thing, they are now capping how much inv...
What are some good indicators for a growing market? Some indicators I search for are rising property prices and an increase in construction. Are there any others that can help with determining a growing market.
Hello BP members,I am seeking your advice. I am rookie investor who has not done any deals yet. Each year I receive an annual bonus of $100k. I am considering using my next bonus to begin real estate investing. I will...
We have a beautiful 5 bedroom 3 bath that we are going to be renting for $5500 a month and are considering lowering the income requirement. Normally we usually require income of 3x the rent or at the least rents bein...
It's part of my rental policy: household income must be at least 3 times the rental rate. But most of my homes are renting around $1k/month or less.Should this rule apply to high end homes that rent for $3k/month or ...
Hello,I am an out of state investor trying to buy a portfolio of houses in Kansas City MO Zip code 64130 and 64128. All the houses are more than 100 years old and the rents are between 550 and 700 per month. I am look...
Hi Everyone!I'm completely new to real estate investing and my husband and I are looking to buy our first BRRRR property. We are currently renting a house and my husband thinks it's a good idea to move into the BRRRR ...