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Currently live in San Diego county, bought a house with my VA home loan. My wife and I will be moving next year out of country for 3 years. Our initial plan was to rent the property but now I am not sure that's the be...
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Is the 1% Rule simply calculated as: Monthly Rental Income / Home Purchase Price?
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Hi all,I own a duplex in Long Beach where I rent the upper unit long term and the lower unit short term (airbnb). My upstairs tenants have been in since May 1. They are lovely girls in their 20s and one has a service ...
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Hey guys,I’m considering quitting my job in the next year to become a full time real estate agent. I’m currently the bread winner for my family and I’m wondering how hard it is to support a family working as a real es...
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Hi BP, excited to say I made my first offer as an educated real estate investor today on a Freddie Mac REO property. I emphasize the "educated" part b/c I made an offer on an investment property 14 months ago...and t...
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I'm in the process of searching for my FIRST OUT OF STATE MF property. I'm putting my best foot forward on this, but as I'm getting closer and closer to making this a reality, I'm getting more anxious. Hoping that I ...
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I have a few HOT TAKES on this recent NAR Settlement News
1. Buyer's agents won't wait long to get into written agreement with a Buyer. Right now, many agents don't sign any agreements until they sign an offer. With ...
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I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
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Hello Bigger Pockets community!
I've read enough books at this point to have a pretty basic grasp on the fundamentals of real estate. One principle that comes up time and time again is cash flow. There seems to be a c...
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Hi All! Thank you for your help re: Kansas City. New question! Anyone who is a current turnkey investor in Birmingham, Alabama, have insight into good/bad zip codes to buy in? *ALSO* Recommendations on your favorit...