Scott Pigman
Obligatory 2% Rule Post: Origins, 50% rule, and interest rates
I believe that it's in the BP charter that every member is required to start a thread about either the 2% rule or the 50% rule at some time. So here's mine.Does anyone know when and where the 2% rule was first stated?...
Chuck VanDyne
Where are all the Notes!?
At our local real estate investors club last night in Rochester NY we had a very interesting discussion revolving around holding paper or real estate notes. I have a background in finance and have been able to learn t...
Chris Herrera
Terminating a lease
I'm about to close on a property end of May and one of the tenants that I don't want to rent to has their year long lease end the last day of June. I think Illinois law states you need to give a tenant on a fixed leas...
Malka Fischman
Best rental markets in Northern/Central Jersey?
Hi All, I'm looking to buy rental properties in New Jersey. Any advice on a good area to start? Preferably duplex or triplex with a purchase price under 200k? TIA
Dave Madden
Relocation to DC - Buy or Rent
My employer is paying to relocate me to Wash DC area to spend 2 years working in Pentagon. Then, I will be moving again. My employer will pay for all closing costs if I buy something. For only 2 yrs, It would make ...
Artur A.
Rehab vs cosmetic renovation by Property management contractors
Hi. I've recently bought an out-of-state rental property in Cincinnati, OH.
My property manager gave me a list of rehab items for the unit. What are your thoughts?:
I'm thinking about doing a rehab vs. just fixing &...
Thomas O'Donnell
In need of some relocation/house-hacking advise!
Hello all,
I have recently decided that I want to move to and buy my first MF property in Texas sometime near the end of 2022 or beginning of 2023. I currently live in California and want to spend my future in Texas ...
Jenna Wright
Cash Flow for residential rentals
I am analyzing my current portfolio for profitability. When calculating cash flow do you include a % for vacancy and repairs? If so how much would be considered a good cash flow for a single family one and a duplex?
Walid Yassir
The “sweet spot” for OBX rentals
I understand that for OBX rentals, oceanfront is critical for maximizing revenue. My question is whether or not there are other optimizing factors, such as number of bedrooms. Is 6 or 7 the minimum to have access to t...
Anja Brey
Renting to Section 8 tenants
Hello, We are currently looking for a buy and hold investment in the SF Bay Area. Can somebody give us input on the Pro and Cons of renting to Section 8 tenants? Thanks, Anja