I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Hello Wonderful Bigger Pockets Community!
I have been lurking around BiggerPockets for a decent amount of time now. I was fortunate it enough to sell a successful business late last year and after discovering...
Has anyone ever worked with LoanDepot to get a loan reinstated on a pre-fore property? I am looking at a deal right now and it seems as though they have about $25k in arrears/fees, this is just an assumption accordin...
I've been searching for a rental home for a while now. Finally found one that fit all the criteria via Westside Rentals (I'm in SoCal). There were 2 numbers listed as contacts, for "Rob" or "Katy." Rob did not answer;...
Hi BP-ers!I'm a rather new real estate investor in the Denver area and listened to the recent podcast where Paul Thompson (episode 283). This episode got me pumped up to start implementing Paul's "farming" method. As ...
Hey everyone, just recently got rejected on our offer my wife and I made on a duplex. Their listing agent stated "this is probably the worst offer I have received in 25 years". Was I really that off in my numbers or d...
Curious for those who are active in the space.Do you currently see it as a buyers or sellers market right now?Do you think in 90 days this will have changed? Love to get your feedback and opinions.
I have a foreclosure that I am seriously considering buying for a rental. My concern is the bathroom has a window in the shower. I was planning on gutting the bathroom and doing a complete remodel. I thought I could...