![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/74038/small_1621414880-avatar-phans3.jpg?twic=v1/output=image&v=2)
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/669771/small_1653053627-avatar-marcizquierdo.jpg?twic=v1/output=image&v=2)
Hi everyone,Over the last two months, I've been working with a realtor and looking at 2-4 unit multi-family properties in Northeast Philadelphia on the MLS. I plan to house hack (live in one unit, rent the other(s)) ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/231295/small_1621434879-avatar-mykingre.jpg?twic=v1/output=image&v=2)
Hello everyone, This past Wednesday my wholesaling business officially went live! Although I don't have money for mailers or bandit signs quite yet, I have been receiving FSBO and Expired leads on a daily basis. I ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/409356/small_1621449743-avatar-ashleywolfe.jpg?twic=v1/output=image&v=2)
Ok, the long and short of it is this:My husband and I were under contract for a SFH. During that time we submitted a repair addendum and the seller agreed to it in full.In the meantime, we were getting our loan final...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/200723/small_1621432780-avatar-santarelli.jpg?twic=v1/output=image&v=2)
Hi there,
I'm am brand new to the BiggerPockets site and love all the information here! Thank you so much! I have a few questions regarding tenant screenings...
1) Does anyone have suggestions on screening for "good...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1306413/small_1621511177-avatar-ericm464.jpg?twic=v1/output=image&v=2)
I have a question about the 2 percent rule. This rule seems good but a little unrealistic. I'm sure this is possible in some parts of the country but here in southern Utah that seems a bit high. Does anyone have prope...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/164073/small_1621420562-avatar-jetproperties.jpg?twic=v1/output=image&v=2)
Just wanted to get opinions on how people approach investing in low income areas. I've heard people who have done very well investing in these areas and others who tell you say don't even consider it. My current pr...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/604747/small_1694726531-avatar-richardf65.jpg?twic=v1/output=image&v=2)
I was told: don't buy anything older than 1970, nothing with wood exterior, no small houses, nothing that needs major renovation like added or converted rooms because it takes too long and lowers your ROI, nothing wit...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1600962/small_1621514059-avatar-seemantn3.jpg?twic=v1/output=image&v=2)
Question to all my fellow rental property owners who self manage. Why do you self manage Instead of finding a professional property management company? A- FeesB- ServiceC- Trust Please be descriptive if possible so I ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/85337/small_1621416146-avatar-tony554.jpg?twic=v1/output=image&v=2)
I currently have a job with a 55k salary, which i'm highly considering to give my two weeks due to the high stress level and overall a bad company to work for. My only motivation to go into work is to save more money ...