Evan Ross
Owning Properties in Various States
Hello Bigger Pockets members! My name is Evan Ross and I am brand new to this online community and real estate investing. I purchased my first house in Medford, MA in August, 2016 (split with my brother). We took adva...
Nathan Claire
House Hacking 101 (FREE Occupancy)
Expenses, liabilities, charges, fees, bills etc.Whatever you want to call them, they hurt and we are always trying to find a way to reduce our costs. One of the largest expenses we face is often our housing payment....
Kevin King
How to Qualify for higher loan amount as a business owner?
Hey guys,So I own my own business, and last year I purchased my first home and investment property (a duplex). It was a little tricky getting a loan as I own my own business and I pay myself periodically, about $100k/...
Zaid Mahmood
multi-family investing - good way to start in real estate?
I am new member looking to learn more about real estate. I have full time job. earning very comfortable salary. looking mainly to create other income streams because of all the "what ifs..." and because I want to gain...
Shawn Thom
Screening criteria & credit
I am trying to do my own screening/renting on my next rental. I have heard a lot of people say they do not look too closely at credit, but I wanted to get some opinions from others.
Do you look closely at cr...
Bud Gaffney
Would YOU do this deal?
Hi BP family,
Would YOU do this deal?
7 units total (6 res, 1 comm. 1 building)
6 2 bed/1 bath. 1 1,000 ft2 comm. space (vacant)
$5,000 gross rents, comm. space vacant. (Rents under market value by ~$200/unit)
$4...
Account Closed
Would you rent to this tenant?
Let’s say you had a potential tenant apply to rent one of your properties. Great income at 4.7 times the monthly rent, stable career track with consistent promotions every couple of years, liquid savings equal to 18 m...
Benjamin Sulka
Buy a Nice Property For More or a Not-So-Nice Property for Less
Hey BP, I wanted to bounce a couple of thoughts off of you. At my current state, I could buy a cheaper multifamily in an area that is less desirable to live. Since my plan is to house hack, it likely wouldn't cashflow...
Matt Butler
Beginner How does one make money with property taxes
Lets assume I acquire the house 100K to keep it simple and its a 20% down payment the rest is leveraged. Lets say my mortgage is $800 and I charge my tenant $1500 a month. Taxes in Illinois are 2.8% or so so thats rou...
Robert Biggerstaff
Tenants are consistently late
When you have a tenant that is consistently late but they do pay the late fees what do you do ? I do file the 3 day notice soon as they are out of grace period.I would like for them to be paying on time.I need with my...