Ryan Pemberton
Has anyone heard of a 26% rule on making an offer?
Has anyone every heard of analyzing a rental property by taking 26% (or 74% of the monthly rent) off the monthly rent and multiplying by 60 months to come up with an offer price?Ex: $500/mo rent x 74%$370 x 60 = $22,...
Johnny Powers
New guy from Toledo, Ohio
Hello,My name is Johnny and I live in Toledo, Ohio. I am a warehouse manager for a medical device company. Me and my wife are going to be buying our first rental property real soon hopefully. We are excited and nervou...
Heather Lanser
How best to use $400k?
Hey there! My husband and I are sitting on a pile of cash ($200,000) that we've been squirreling away for 5 years in order to buy a bigger/nicer primary home. BUT...We live in California, and even in the rural Central...
Bobby Narinov
Evicting suicidal/crazy tenant
I just purchased a 21 unit apartment complex with a lot of problems. I started cleaning it up - 3 unit evicted in the first month and two more in the way - all of them professional tenants. But this month I got a new ...
Alyssa Raines
New Out of State Investor Looking to Connect
Hi BP!I have been on BiggerPockets for some time, but am finally ready to take the leap and start really digging into the work of REI! I'm a new investor currently living in San Diego and looking to jump all in to ach...
Erica Sheffield
Brian Page BNB Course - Beware Scam
Brian Page BNB Freedom OR Brian Page BNB Formula course for airbnb is a scam. There is no secret sauce to getting/finding properties other than what is already told out there in the real estate market - 50% bootstrapp...
Carlos Castillo
How do you feel about san bernardino?
I am looking to make my first investment. I am thinking maybe a rental and I was looking at San Bernardino but this thread makes me a little itchy about it. Crime really does appear to be bad in the area. I am thinkin...
Mike Flora
Other options besides 60 day notice
I'm purchasing a property and taking over the tenant who is currently in a month to month lease, always behind in payments, does not live in the property, but does state in the lease agreement he can store stuff at th...
George Broderick
What is your Indianapolis cash flow property criteria?
I am new to the market, but see a lot of potential for my self.I was curious for people already invested, what is your criteria for a cash flowing property here? Specifically interested in 1-4 units, but also single f...
Matthew Mello
Foreclosed multi family as first property?
Began doing some heavy research on buying my first multi-family in southeastern MA / Providence RI area
I will be occupying one of the units and renting out the other units. I want something that needs a little work...