![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/78951/small_1695291807-avatar-beerice.jpg?twic=v1/output=image&v=2)
Hey guys,
I am looking at buying my first investment property. Here are the numbers:
Asking 160k, but I plan to offer much less
Units are 2/1’s, rent for $595 each
Built 1984
Tenants pay utilities
Income: $595 x 4...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/147427/small_1695854850-avatar-kronttop.jpg?twic=v1/output=image&v=2)
I am just starting out.
I have done research all during 2013 on how this process works. I have visited many single family homes in my area listed on the MLS with the intention of buying them on the spot if I ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1322194/small_1621511315-avatar-matthewo82.jpg?twic=v1/output=image&v=2)
Hello I am still new too investing, no deals. I am 22 and about to start a new job with 50% 401k match up to 6%. So I am able to gain “free money” but don’t know if I want to allocate that much money into the 401K whe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/323/small_1641306776-avatar-beekrock.jpg?twic=v1/output=image&v=2)
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1003979/small_1649445369-avatar-chrislevarek.jpg?twic=v1/output=image&v=2)
Three states passed state-wide rent control laws in 2019, California, Oregon and New York. Other cities such as New York, San Francisco and Washington D.C. have had rent control policies in place for decades.
"Over t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/158784/small_1621420149-avatar-rickh.jpg?twic=v1/output=image&v=2)
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/453620/small_1621477337-avatar-billyz.jpg?twic=v1/output=image&v=2)
I wish this forum has a search function as I'm pretty sure this topic has been discussed in the past and there are probably plenty of opinions on the matter. Anyways, here we go:
I have two tenants that are up for re...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1277220/small_1621510908-avatar-ronj59.jpg?twic=v1/output=image&v=2)
As a new real estate investor, I decided to ease my way into SFR ownership through turnkey companies. After vetting companies, I settled on two in markets I decided to invest in (1) Memphis Invest, and (2) Memphis Inv...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1287204/small_1648167032-avatar-davidm1158.jpg?twic=v1/output=image&v=2)
What's up guys,I just finished building a permitted ADU (accessory dwelling unit) on my sfh. Converted my garage into a 488 sq ft 1cbed 1 bath apartment. final cost with permits was about 37k. I built most of it with ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/461577/small_1632067257-avatar-julie_rossman.jpg?twic=v1/output=image&v=2)
Blame it on the holidays, consumerism season, or the purchase of my latest rehab project, but I've been thinking a lot about my relationship with spending money. I have this unhealthy relationship with healthy money m...