Darrin Carey
2% rule --- Not even close at the high end
Being BiggerPockets, we've all heard about the 2% rule. And we've seen several animated discussions about the rule driving people to lower income areas, and cheaper houses. Take a look at the other end of the spectrum...
Kyler J Sloan
Income History: 2 Years, Multiple Jobs
I am about to apply for a mortgage for another STR.
However, I am also about to switch jobs.
Will I have problems getting a mortgage if I switch jobs? -- Or, is it okay if the salaries are equivalent and I have the...
Sam Eknoian
Tenate not paying.....help!
I’m purchasing a 4 plex in Fresno county, offer was accepted today. With that being said,I received a profit and loss on the property and noticed one estoppel showing one tenate hasn’t paid since April. Can I legally ...
Mindy Jensen
Semantics? February has 28/29 days. How does 30 Day Notice work?
A question about a 30 Day Notice for a Month to Month tenancy brought up a question. This year, February has 29 days, but 75% of the time only has 28 days. Does a 30-Day notice on January 31 mean tenancy ends at the e...
Blair Fontenot
First Rental Property Analyst
Hi All,Looking to purchase my first rental property - actually more like two. I am purchasing (2) duplexes next door to each other as I figured it would be a safer bet having both instead of competing with someone if...
Tiarra Brooks
Finding property and clientele
I have a great resource at hand, but I am having a hard time using it to its full potential.I was able to connect with private banker/lender worth billions, and has allowed me to join his team.He told me the best nich...
Phillip Walters
Rental property not cash flowing
I Bough this three bedroom one bath 1 acre home in 2009 and paid way too much for it. Not long after I lost my job and things were getting tight. I talk to my real estate agent and they said to stop making my payment...
William Duncan
Portfolio Architecture - Constructing a Well-Rounded Portfolio
The coolest thing about the BP community is all the diversity. Diversity in people, markets, asset classes, investing strategies, everything! We always hear that a diverse investment portfolio is the best way to hedge...
John Seitz
What Tools Do You Use?
I have my loan set up to buy my first property. I live in St. Louis, MO but my property will be in Destin, FL. There are so many online tools/services to choose from for running the business that it can be overwhelmin...
Steven Vaughn
Trying to Start a LLC
Me and my 2 business partners are trying to start a LLC. What are some of the best companies to start one with or can we do it ourselves. I have one property and my other friend has two properties. Can we put all 3 pr...