Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Zachary Gwin
Share Your Success! Pics, Flips, and $$$
Hey BP! So this thread is for you to share your success!I want to show the world ALL the amazing flips/rehabs our members here on BiggerPockets are doing and have done. Here's what YOU'VE got to do -Upload Before &...
Quinton Slay
Trying to help my girlfriend/ fiancee get the big picture
My girlfriend and I are trying to buy a 4 family home in Rhode Island. We want to live in a unit and rent the other three units (House hacking). My girlfriend seems to not understand why we need to house hack opposed ...
Mario Morales
"It's not you, It's me" insurance company broke up with me
I got this email from my provider, thoughts on why they called it quits?We will not renew this policy when it expires. Your insurance will cease on the expiration dateand time shown above.Non-Renewal reason: We will n...
Jonathan Orr
Note Underwriting/Proforma Question
Hey BP communityI recently was introduced to an opportunity for purchasing performing and non performing notes (1st and 2nd position). I have little knowledge about it and wanted to know if anyone had good advice of ...
Shearill Brown
2nd Lien behind in payments
I have a scenario I would like to run by you all. My fiance has a property she bought with an ex who is long gone. She has a 1st and a 2nd. When they split they made an agreement that she pay the 1st and he pay th...
Scott Zeiger
Renting rooms to students
I have a single family 3 bedroom house 5 minutes from a college. I'm considering renting
out the individual rooms for the first time, all inclusive including internet. I have owned it for 20 years.
I'm looking for ...
Phil S.
First Buy (potential) for a Lurking Newbie!
Our realtor for our personal home buying/selling has learned of my interest to get into properties and has kept on the lookout for potential properties within my appetite. Here is one he just sent to me 24 hours ago, ...
Brian Weatherford
Rent Vacant Units or wait?
I now have 3 vacant units and I’m struggling to decide what to do... I have been showing them and have some interested parties but I’m concerned they might stop paying after the first month. Shall I take the 1st and ...
Matthew McDonald
Tenants backing out of lease extension
Curious what experience anyone has had with actually collecting rent until finding a new lease for a tenant that backs out prior to occupancy or terms of a lease extension?