Carlos Romano
Potential tenant with a recent late payment
Hey All,
Without going into too much detail about a potential tenant, i'm wondering how to evaluate the reaseon a recent (July 2023) late payment for an applicant.
The combined applicants (2 adults) have 4.7x rent...
Timothy Connolly
Sometimes bad investments do turn out okay
Investment Info:
commercial investment investment in Oakland.
Purchase price: $1,800,000
Cash invested: $585,000
Sale price: $8,200,000
Building in Uptown Oakland. I was originally a hard money...
Sole Angel
How much capital is a good amount to start investing?
Good morning! I haven’t bought my first property just yet, but I was wondering if $35,000 is enough to start buying a small single-family home in North Carolina. I found a lender that will cover the purchase and rehab...
Manson C.
How is "Income" Defined in Debt-to-Income (DTI) Ratio?
A family member of mine is looking to get a Fannie Freddie loan for an investment property. He had a stable job in the same industry for the previous 20 years, but was unemployed for the past 18 months. About a month ...
Ken Nakamura
How much do you spend on tax advisors and tax prep?
From DIY $0 to a full-time staff hire, how much do you spend on tax advisors and tax prep and why? It’s our first year in business and lost at what I should spend and what I’m going to get in return.
Account Closed
Investing in commercial MF w/ no income but cash at hand
I've come across conflicting answers regarding my issue. Do loan providers need an income source from the buyer when it comes to commercial MF generating reasonable cash flow? I am looking to invest in MF but have no ...
Vestonia V.
How To Pull Equity Out Of A Paid For Rental
Hi Bigger pockets peeps,I am a new investor who bought my second rental about a month ago all in cash. I had planned to buy the house (bought for $35k and get $825 per month in rent) and pull all the cash out with a ...
Anton Ermolaev
Buying FHA property if I am not sure, I will stay in the city
Greetings,I am a software engineer from eastern Europe, who is currently on H1B visa. I am living in US for 2 years and tired of renting. Want to start building equity. I am going to buy a townhome in the great commun...
Steve Potash
Multifamily Strategies and Brainstorming for additional income
Hi Everyone, I'm Steve and I'm new to BP, but have been investing in multi-family for 24 years. I'm looking for other seasoned multi-family investors to brainstorm on how they generate additional income streams. As e...
Lars Henrik
Newbie Landlord in Silicon Valley
Hi there BP folks,
A little about me... I own a town-home/condo in San Jose (Willow Glen neighborhood), and just leased it out. The home was my primary residence for five years.
After researching local rents, learn...