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Results (10000)
JJ Harris Renters Insurance requirements
27 March 2019 | 3 replies

Hi BP,How do you property managers handle renter's insurance?  Do you manage the policy and charge the tenant?  Do you just put in a clause for it and hope for the best after the first verification?  What are my optio...

Samantha Soto Do you prefer a 15 or 30 year loan?
15 December 2017 | 5 replies

I'm curious to hear your opinions on 15 vs. 30 yr loans.  Which do you prefer and why?  Obviously cashflow is less on a 15 year loan in the short term, but you save so much on interest...can it be justified?

Tim Woodbridge Analyzing mobile home parks
22 January 2021 | 9 replies

Hi all-
I'm looking into purchasing mobile home parks here in South Carolina.  How does one analyze these?  Do you treat it as a commercial property and base things off gross and net operating income?  
Thanks in ad...

Sue T. Rule Of Thumb Operating Expense for Retail Properties
3 June 2011 | 8 replies

Hi,

Is there a rule of thumb for operating expense ratio for retail (non NNN) properties? What if the owner is only responsible for roof and structure? Is there an "average" estimated vacancy loss that you use to e...

Michelle McGinty Withdrawing from retirement accounts
2 October 2019 | 7 replies

I just recently stumbled upon the FIRE community and BiggerPockets. Seems to me that many people who have achieved FIRE got there by maxing out their tax advantaged retirement accounts and then use the 4% rule to liv...

John Khadiyev Renting a 3/2 to a family of 6 wise move?
7 February 2011 | 7 replies

Hello,
I am thinking about renting a 3/2 1500sq ft home to a family of 6. Four kids ages from 7-12 and two adults. That's two people per room. Is that considered wise to do? Is that full occupancy or more than recomme...

Alana Higgins Current rent makes DTI too high for conv. loan on investment prop
25 January 2022 | 5 replies

I live/work in Los Angeles, CA and want to purchase a SFR investment property in the Inland Empire (1-2 miles east of LA). This is my first home purchase and I'm having trouble qualifying for a conventional loan with ...

Jason Schwerin Property Management LLC
23 April 2024 | 7 replies

I own and manage a single-family home and a 4 plex in Metro Detroit. I own the 4 plex 50/50 with my parents and it's starting to become tedious trying to track who's putting what into the property as far as expenses a...

Kyler J Sloan Benefits of Getting General Contractors License
10 January 2024 | 4 replies

Everyone is always talking about the pros and cons your realtor's license, but what about those of getting your General Contractor License (GC)? Especially those who make a living off of flipping and / or building hou...

Michael Rudd Whether or not to get REA License
23 August 2013 | 7 replies

Hello everyone, this is my first post to BP, after reading about 5 hours a day for the past few weeks on every article/blog/webinar/forum post I can.

My immediate concern and reason for this post is: Should I...