Tim Healey
The 2% Rule
I was listening to the BP Podcast this morning, they were chatting to a couple of guys out of Atlanta, and they mentioned that their first deal didn't quite satisfy the "2% Rule". I have heard of the 1% Rule (rent to ...
Eduardo Bilbao
What did you wish you knew before buying your first multifamily?
Hi BP community,Here still trying to pick your brains. I am in the beginning stages of multifamily real estate. Please share with me what you wish you knew prior to buying your first multi family. I am looking at buyi...
Mark Updegraff
The allure of Upstate
I came to Rochester NY in 1997 and at first never really envisioned myself settling in and making it home. This is the same for most young professionals that are studying at the universities and is evident in the few...
Ray Tapay
Fairfield City Connecticut CT
Hello CT BP members. Anyone really familiar with the rental properties scene in the City of Fairfield? My wife and I just went to see this property which if it worked out for a lesser price we would live in for a year...
Ryan Johnson
Refinancing out of HML for Long Term Hold/Cashflow
Looking to chat with some investors that have been taking something similar to the approach i've had in mind. Hard Money Rehab -> Refi -> Rent-to-Own (or hold as a long term rental). Most interested in conversio...
Peter Chan
30-year fixed or 5-year ARM?
If my expectation of the interest rate is that it will be lower than what it is now by 2027-2028? Should I take advantage of the lower 5-year ARM rate now and hope to receive an even lower rate 5 years later?Or take a...
Joseph Schmitt
Real estate investment strategy: Purchased home in Los Angeles 🏡
Hello Bigger Pocket! 🎉I would love some help and guidance! I purchased a home in Dec in Los Angeles specifically Woodland Hills Ca. This purchase was not originally an investment, but my new goal is to use this as my ...
Marcus Gaethke
3 Days before closing seller is asking for an extension
Hello all thanks in advance for any help. My question is, Am I being unreasonable? I am in the process of purchasing my first rental property. Everything has been going fine except the current tenants were supposed ...
Jeremiah B.
Buying Site- and City-unseen
So, my wife and I have run into an investing dilemma that we'd like to ask for some help on.
What are your thoughts on buying a house where we 1) have never seen the house and 2) have never been to the city? We woul...
Mario B.
Early lease termination
Hi All,I have a tenant that just moved in, March 1st. We signed a 2-year agreement, early buy out clause of 30 days notice, 1 months rent.He is giving me a hell of a hard time now, he is breaking the lease for a bett...