Gary Baker
1%-2% rental rule of thumb
Hi Bigger Pockets - long time lurker.Part of my procrastination in buying SFR rentals in 2016 has been that my calculations show negative returns, thus no cash flow. The DFW market heated up rapidly in 2013-2016 and h...
Michelle Chevalier
Confused about conventional versus DSCR
I am trying to purchase a second SFH investment property. I have one SFH rental that I purchased in 2021 using FHA (it was my primary residence at the time). I am trying to get a conventional loan this time around for...
Jon Klaus
Christmas gifts for tenants
Last year I considered gifts, but didn't do it. Yesterday I did, and it was a lot of fun. I took my 18 YO daughter and 4 and 5 YO sons to Costco, then to 14 tenant homes across 3 counties delivering cookies. Hones...
Michaela G.
Parent interefers in tenant lease
What would you do? We have an artist community here and I've had a new tenant (white) and her boyfriend (black) sign a lease last Friday. This is in a historic black neighborhood - it's important, you'll see. They gav...
Dale Osborn
How Safe is Wall Street Investments?
With millions of baby boomers getting ready to retire between the years of 2012 to 2016, just how comfortable are you leaving your money invested on Wall Street? The demand to buy pushes prices upwards. With these ret...
Dan Smith
Kicking Our Tenants When First Buying - MA
Here's my situation:I'm closing on a three family house in Massachusetts for December 4th. Currently the first and third floors have tenants, the second floor is vacant. Both current sets of tenants have lived in th...
Sonya A.
Another Newbie living in San Diego interested in Ohio
Hi everyone. My name is Sonya Aqili and I live in beautiful San Diego. I have been interested off and on in real estate since 2008, but felt the time wasnt right / didnt have funds. Ha.... I don't even own my own res...
Mark Douglas
Property management unnecessary , even while working full ti.....
Looks like my 1st property will be an FHA owner-occ quadplex. I've heard time and time again that there's no need to hire out property management for this small multifamily. What I'm unsure of is how I would handle ...
Shawn M.
Worst Landlord Headache Ever
Hi BP, I'm trying to compile a list of worst landlord headaches ever, to use in a direct mail campaign. Whats the worst call you got from a tenant?What has been your biggest pain from owning a rental property?If you a...
Garret S.
Am I crazy?! Quitting my job and moving to Washington.
I'm tired of the midwest (Chicago suburbs). My wife and I have lived here our entire lives. We do not have kids yet or any other main reasons to keep us here. So, we are deciding to sell our house, leave my job, an...