Drew Byrd
The 70% Rule: How and When does it change?
The standard rule for investors is to buy 70 percent of the ARV, but I've heard that inventory affects this percentage. For example, low inventory in the market might justify closer to 80%, high inventory could mean s...
Eve Oliver
Single home- First time investor need help with COC and CAP rate
I am a new investor and I am looking to buy my first Single home. I need some help with my numbers: I used bigger pockets calculator. What is a good Cash on Cash and Cap rate for a single home? This house is move in ...
Rebecca Hopkins
Market price for my home in New Hampshire
I am hoping to confirm whether my listing is priced properly for my market. It is very unique as it is a custom contemporary ranch on 25 acres that include a portion of a large beaver pond. It is 13 years old and has ...
Jon Crosby
AirDNA now has HomeAway Data!
AirDNA announced this month that it has finally partnered with HomeAway and added 1.5M new properties to their dataset. One of my biggest issues in the past with AirDNA was the fact that it was solely comprised of Ai...
Neil Gupta
Raising rent on a friend in a hot market
I rented out my beautiful home to a (kinda) friend. I only accepted a half months deposit and rented it for $1700 ($100-150 under market value). I just wanted someone to take care of it. Over the past year, the value ...
John Kim
Navigating Detroit's Market: Seeking Advice for a First-Time Real Estate Investor
Hello BP!I'm excited to put myself out there and be a part of this community. The idea of taking some real steps in real estate has absolutely captivated me... and I'm really interested in the prospect of investing in...
Michael Franklin
First Investment Property-My Analysis
Realized I originally posted this in the wrong forum. Duplicating here.After about a year of studying, reading books, and lurking the biggerpockets forums, I'm about to put an offer in on my first investment property....
Account Closed
Defining Investment Criteria
Just finished reading 'The Millionaire Real Estate Investor' by Jay Papasan. One of the key points mentioned here and many other real estate books is to have a well defined criteria for your investments.I tried setti...
Ondrej Brown
Is it still a good time to grab some rental property ?
I know with this COVID-19; it has been crazy to resume regular life. Is it still a good time to grab property; I currently still work and want to take advantage of getting my 1st rental property house using the FHA lo...
Wesley W.
Tenant screening questions
Hi folks - got a few tenant screening questions to add to the dozens of similarly-titled threads:For context, these units are C+ in a working-class neighborhood, and rent for between $650 and $750/mo.(1) Tenant is a ...