Oluseye Faleye
Does rent from Primary Residence reduce my Debt to Income ratio
I have been a member of Biggerpockets for a while and absorbing as much knowledge through the forums and experienced members. I currently have 2 rentals and a high priced primary.
I am currently trying to increase m...
Jon Deavers
DIfference between cash flow and noi
Hello all,
I have a pretty basic question but couldn't find a concise answer posted.
What's the difference between net operating income and cash flow (as used in an REI context)?
My understanding ...
Matt Chandler
Negotiation Question
I have about 7-8 files in negotiating right now with about 4 different banks that have all been assigned negotiators and have had BPOs performed on them. Most of them even with 2 BPOs or appraisals. All 7-8 file bank ...
John Horner
Can a licensed agent list his own wholesale on the MLS?
If a licensed agent has a property in contract to purchase, or equitable interest, is he legally allowed to list that property on the MLS to sell?
George Mortimer
Too good to be true, skill or luck? 25-year old "millionaire"
I came across this article on CNBC: https://www.cnbc.com/2020/02/28/budget-of-millennial-millionaire-who-saves-80percent-of-his-income.html
This guy bought his first house at 23 by using his $19k in savings and a 3.5...
Tommy Mckeown
Appreciation on rental property
This is a very funny question u may think it’s stupid but why is appreciation so good on rental properties?? I know it’s safe if you have to sell your property your not under water. And u can pull Equity out of the ...
Kaylee Walterbach
We need YOUR feedback on a BiggerPockets book title!
Hello BiggerPockets investors!
BP Publishing would love some feedback on a book title we've been tinkering with. Normally, this happens behind the scenes—but because commercial real estate investing has a very partic...
Mark A. McElhannon
Tax liability when selling investment property
I have basic question that I'm still unclear on. I'm looking to sell my first SFH, which I've owned and rented for 17 years, for a profit. I'm unsure of the tax liability/taxable gain due after the sell. This will det...
Steven DeMarco
Help with deal analysis on first house hack
I'm looking at a SFH + ADU in Salt Lake City, UT as a potential house hack. Before I put in an offer, I want to run the numbers by some professionals.The property is 4BD/2BA in total, with 2BD/1BA upstairs and 2BD/1BA...
Frandizon John Reyes
Debt to income ratio when you have rental properties
How do you calculate debt to income ratio when you have rental property? Are we using gross rental incomes or net? I own two 3-unit buildings in the Chicago area and live in one of the units. Total gross rental income...