Arthur Banks
Rental purchase rule of thumb
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...
Joey B.
Supply and demand and feeling guilty
Hello BP,
First time poster! We are a military family that has picked up a few rental properties along the way. Our area was recently affected by Hurricane Michael and demand for housing SKYROCKETED!!! I previously h...
Rod Desinord
Being surrounded by negativity and adverse risk takers
One of the things I have learned and to be honest with you I have run across this problem in all fascists of life is to stay away from negative people. I was recently asked what was I doing to make money and I explain...
Shane Craig
Things people don't tell you about multi-family
I want to start out by saying I love multifamily but I have learn some things about them that I didn't consider with SFH.
Most of these issues have been resolved quickly but still they are pain.
1. Parking is an is...
Tariq B.
Tenant Says They Had A Verbal Agreement With Prior Landlord
Hello all, I took over a property last year and inherited tenants. The lease I have on file for them expires Oct 18 so we went month to month. It was a two year lease. I issued them a lease renewal with a rent increas...
David P.
What kind of rates are you seeing for 2 unit Duplex?
I been shopping around for the past 2 weeks and the best I have seen out here in my local market Los Angeles is 5.875% 30 year conventional fixed (25% down) with 1.25 points for a 2 unit investment loan duplex? A lot ...
Nick Sharma
First time home buyer- Wait for dip or buy now?
I'm live in Los Angeles with wife and 2 kids. Currently renting 2 bedroom and now thinking of buying 3 bedroom around Culver City area. I have 10% to put down, but question is should I buy when the rates are low or wa...
David Van
Is Recession looming?
Looking to buy another multi unit. It cash flows well 12% about. I need to put down 25% for this. So far I haven’t had much luck doing any BRRRR properties so most of my properties I work hard and save the money to p...
David Latimor
Multifamily Apartments - Market due for major price correction?
Greetings Forum members,This is my first post but I've been reading biggerpockets for years now and have enjoyed the insight of many members who have contributed. Thank you all!Recently, I have been searching for inve...
Robin L.
1% Rule in Canada - is it possible?
Hello Everyone,
Hope all is well with you.
Over the past year I have been reading books, watching real estate investment videos, and the 1% rule seems like a common target a lots of investors looking for. It is basi...