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Results (3475)
Matthew Stover Help me understand this deal and 50%, 2% rule
28 November 2012 | 83 replies

I hope I'm doing this correctly. Thank you in advance.

3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235

Using the 2% rule, I would need ...

Mary Jay When would you buy a property with a negative cashflow?
22 March 2024 | 88 replies

Are there any situations under which you would  buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...

Charlsi Kelley Encapsulate a crawl space,New ductwork, rotting floor joists…
11 September 2021 | 47 replies

Hi BP! I am under contract on a property that has numbers potentially good enough for a brrr. We are under contract at 300k and ARV is 430 bast on very similar comps in neighborhood. I had a budget of 30k rehab to do ...

Cameron Riley LANDLORDS!!! - How to Handle The security deposit?
11 April 2019 | 67 replies

- How do you handle your security deposit? Do you use it for fixing the damages during the tenants stay? - When the tenant leaves and demands security deposit back, how do you handle this? - In PA, I can hold for up t...

Megan S. How to be a socially responsible landlord
8 August 2017 | 41 replies

Hi BP community!I'm just starting out in REI. I'm looking for thoughts or feedback for me on what it means to be "socially responsible" when it comes to REI and property management. Anyone think I'm being naive? :)I p...

John Hickey Snake oils, gurus, “investment advisers”, experts. BP can do more
16 September 2019 | 112 replies

I saw a post that the other day where a BP member called out another member and accused him of being...full of shot....good stuff. Because it’s good when you know someone is watching. Is it possible @biggerpocketsmo...

Par Attaran Seasoned investors do you buy Turn Key properties?
21 October 2016 | 73 replies

So upon reading the recent Bigger Pockets article about "The truth about turn keys no one tells you"it appears as if the majority of turn key buyers are experienced investors?I always assumed this was the opposite. If...