Mauricio Quintana
Class C property, what income/rent ratio do you require?
Landlords of class C properties,This is my first venture into rentals. I'm just curious as to what parameters you use to determine a good renter? Do you do any sort of ratio where you look for 3x (or whatever that m...
Jose Rocha
Purchasing a cabin as a STR
Hey everyone! My wife and I are planning to purchase a cabin in Big Bear, CA and use it as a STR on Airbnb and a vacation home. Would it be smart to use the extra cash flow after paying the mortgage to go to the princ...
Satha Palani
Financing a duplex - am i being politely declined
Hi,I have a pending offer on a duplex that is being offered below assessment. Its currently tenanted and i am buying it together with the leases (1 year term). The house needs work but the type that can be done in bi...
Timothy Franklin
Clarifying the wholesale transaction
Hey all,I would like someone who is experienced in wholesaling to verify the accuracy of my understanding of the wholesale transaction. I understand the process as follows:Step A: wholesaler places property under cont...
Dominic Jones
DC Property Management License Study Group Anyone?
Hello everyone! I'm currently looking to see if there is anyone out there in Washington, DC (District of Columbia - haha, keyword alert trigger?) or Maryland currently studying for their DC Property Management License...
Jeremiah Belocura
First-time Philly House Hacker
Hi all, first-time [future] house hacker. My wife and I are moving back to Philly and have found a duplex we're interested in, both units being 2 bed/1 bath at roughly 750 SF.I used the BP Rental Property Calculator,...
Kathryn K.
Settling credit debt 4 less than owed?
I get solicitations from companies offering to legally reduce my credit card debt and get the credit card companies to accept a lesser amount as payoff. Supposed to be entirely legal. What are the criteria for doing t...
Westin Hudnall
Using 401 K money to pay off my primary mortgage - Good or bad idea ?
My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...
Adam Fisher
New member from London Canada!
GreetingsNew member from London Ontario, referred from Reddit. Currently own one rental and looking to acquire more in the pursuit of FI. Interested in flipping, buying and holding, and RE in general. Hoping to find o...
Mike Day
How did you get financing after your 4th property?
Hi all. So I currently am holding a single rental property and am planning on financing 2-3 more in the near future. This means I will hit the limit of 4, after which most banks will not issue more loans (even though ...