Nick Leamon
Is the 2% rule true for single family home rentals?
So I read the beginners guide, and have been hearing a lot about this 2% rule since I started looking around Bigger pockets, and my question is, is that really true for single family home rentals?
My grandfat...
Richard Rockwood
Flip # 1
After months of creeping on Biggerpockets.com and listening to countless podcasts during my morning runs (Great idea for those that run), I've negotiated a deal and now have my first property under contract. 3 Bedroom...
Alejandro Romero
House hacking in San Diego single family
I live in San Diego and I’m having trouble convincing myself that multifamily is a good investment here in San Diego. For example I saw a single family home in Otay Ranch that is a 3 bedroom 3 bathroom house for 515,0...
Art Maydan
Renter Wants to Install Dish and Phone Jack
I'm at work and my renter just texted me that AT&T is at my house and where can he put the dish. My wife and I live upstairs and he just moved in downstairs. He's asking if they can put a dish on OUR balcony or on...
Eric Ng
NYC Out of State Investors
Hey everyone,I live and work in Manhattan and have been interested in getting my first out-of-state rental for over a year without action. My focus has shifted a bunch of times between FL or maybe more local like the ...
Ryan Lewis
Time for a new agent?
Hi BP community. I've been struggling with something recently that I was hoping to gain perspective on from those who have been there and are more experienced than I.I've been working exclusively with an agent for the...
Samantha Miles
Advise on Assisted Living Facilities
Hello BP Community!I'm a residential investor in FL and I have been considering expanding my portfolio by purchasing an assisted living facility (ALF). This is a very new venture for me and I would be very grateful to...
Mike McKinzie
Fudging the 2% and 50% rule
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...
David Hutson
Closed on another Mid South Home Buyers home
Morning all,I closed on my 8th home with them a few days ago and it's in 38128 which is my favorite zip code to invest in. The home is on Edgewood and should be another steady performer.I have been receiving many req...
Hank Wu
Investing is Stressful!
Just got started with investing and it is a huge stress! Constantly worrying what my tenants might do, worrying about the market, worrying about the value of my unit, worrying if I have enough seed capital to make thi...