I had always done the 3X the rent rule for what I can afford for a mortgage and for my tenants. For example  $2000 x 3 = $6000 (monthly income required to keep housing payments less than 1/3 of income)  $6000 x 12 mon...

Good morning BP community,
Just to make sure I am thinking about this in the right way... large apartments and housing projects (affordable and market rates & 50 to 100+ units) are being developed in an area that...

In my area, the vast majority of new multifamily builds has been A-class. No one is focused on D-Class which makes me think that no one has figured out the economics of building affordable housing. Has anyone had succ...

Hi everyone! I’m finally in a position to start looking at my first purchase. I want to leverage my savings,which is about 16k, and get a multifamily property that I could house hack. I know a 4 plex qualifies for a f...

As a South Bay Cali native, home prices are through the roof with no signs of coming down. That is how manufactured homes caught my eye: much lower purchase price, many are renovated and look very nice while still bei...

I am looking at this land deal in Connecticut which has a possibility of building 40+ units with a third deemed affordable. Wondering what kind of land price I should pay per unit? Owner is asking around 20k. What are...

So, I just read about this type of insurance for landlords in a BiggerPockets article but haven't heard it mentioned during podcast or from individual property investors. It makes more sense to me then putting aside m...

I have one tenant refusing to pay and isn't being very helpful. I purposed cash for keys but still waiting for her decision, if she stays what can I do?

One thing I've been trying to do yearly is predict my local market (DC/Baltimore). Even when you are wrong, I always think it's a good exercise to figure out how to think about your local market (where your blind spot...

Hey everyone, after shifting around my finances and returning to look for my first rental property, I am looking for a small multi-family property in a lower budget range from $125-175K (smaller % of net worth). Given...