Hello BP community, I live and Sell Homes in San Diego CA. I stumbled upon this property, SOLD for $609,000 needed flooring, paint, kitchen and bathrooms (flipper refinished cabinets) then sold it for $709,000 two mon...
Hello everybody! I am a brand new real estate investor in Los Angeles and SF Bay and my question is does the 70% Rule still apply in today's market. If not what is the formula that is more applicable these days that y...
I purchased a new home in 2020 and started renting out my old home. It's in a nice neighborhood and we used the 1% rule. However over the last 2 years the appraise value of the home has risen from $250000 to $380000. ...
hi, Being a newbie I've question about this rule.does it applies to all type of properties say new properties might not need that much money for maintenance. Or say a condo HOA might cover some cost ? could you please...
Newbie here practicing analyzing some properties in socal, particularly Inland Empire). I'm trying to implement the percent rules (2%, 70%, and 50%) but not even coming close with the property values. What percentages...
it does to when you can sell your house ? I'm getting ready to purchase my furst property , with the intention of Renting the property and cash flowing the differnce between my PITI monthly payment and what I can ren...
BP Team,
We are doing the underwriting on a development project where we hope to build 2 new 8 unit buildings with Class A apartment housing.
My question is what has your experience is with the "50% Rul...
Hello all, need help seeing what I'm missing. I'm a loooong time reader/watcher and first time having a seemingly perfect opportunity fall into my own back yard/ neighborhood. Been looking for a tri / quad forever in ...
Hello everyone! My fiance and I are new to real estate investing and to the BiggerPockets community and are hoping for some assistance with figuring out how we can house hack a duplex on our way to bigger and better d...
Hello, Los Angeles investors!I was reading about the 2% rule and wondering if it's unrealistic with high LA county home prices. If I buy a single family residence property to buy and hold for $200,000, I would need a ...