Michael Dodson
House Hacking and One percent rule
If you’re house hacking in say a duplex and the mortgage is $1,0000 but the rent collected for one side is $800. Does it still meet the one percent rule because if you moved out and rented your side it’d be $1,600 in ...
Account Closed
New SFR Analysis!
My realtor sent me a foreclosure that hit the market this morning. He told me there are several showings scheduled today so I'm hoping to take a peek at it as well.Bank of America, asking 69,900.I'm thinking of borrow...
Austin Ralls
Finding private lenders
Good evening BP Community,
Can anyone shine some light on the rules and regulations on striking conversations with local pros and acquiring more PML to help fund deals?
Can I walk into offices and leave a flyer ...
Duarte Marques
Buying turnkey for first investment property?
Being out of state and to minimize risk I don't want to do any major rehab, what do you think about buying turnkey property so that it casflows around 200 bucks a month with all costs associated? I know I won't be abl...
Brad Penley
What is the best resource on how to validate short term rentals
I’m looking to Airbnb my primary house but I’m also looking to possibly buy the house across the street to Airbnb as well. I know how to valuate long term rentals that have the same rent each month, but how do you val...
Stephanie Gledhill
Looking for something to meet 1% rule in Arizona or TN
I am currently looking for a property to meet the 1% rule. I want it to be low maintenance, so I would like a new(er) property. I am a buy and hold investor. I currently have a property in TN and live in CA so Arizona...
Account Closed
Duplex Analysis
Need some insight from the tried and true movers and shakers here. Carlton Sheets need not apply.
Side-by-side Duplex built in 2006. Market rent of $650/side. Purchase price of $50,000 and max rehab of $3,000. Ba...
Zyon Jones
Looking To House Hack
In Jacksonville, Florida and looking to house hack (preferably multifamily). When looking to determine the rent of the property, does the 1% rule really matter ?
Account Closed
Anyone adding Energy Efficiency into their Rehabs?
Hi, my name is Chris and i am curious if anyone is doing any rehabs with Energy efficiency or Green products included? Also have you experienced any interest from buyers in this regard.Thanks Chris
Seth Mosley
Investment metrics
Hey all.
I feel like a bit of a newbie on here compared to a lot of you, and hope to pick your brain on how you think about your long term rental properties.
I own 19 units spread over 7 properties in tennessee.
Whe...