Danny Chan
Can we tell applicant that income must be 3x the rent?
Hello,I was looking up fair housing laws in Chicago because I am trying to rent out a unit, and I came across an article online that said we are not permitted to say that income must be three times the rent, because i...
Beau Fannon
How long will it take my property to rent?
Recently, my family added a duplex to our investment portfolio. I was super excited about it because it's only 10 minutes from my house! I ran the comps for the neighborhood and saw that there wasn't a lot turnover ...
Matt Snow
Paid off $20,000 in debt, now developing buy and hold criteria.
Hi everyone, My name is Matt Snow, and I am very new to this whole world of real estate investing. I graduated from PLNU in San Diego with a Business Admin degree in 2010, and moved up to Santa Cruz in 2013. During th...
Jackie Lange
Thanks to REI... Living the Dream in Central America
Between 1980 and 1982 my whole life changed. That's when my son and daughter were born. I made the decision to quit my long distance operator job so I could stay home to raise my children. Luckily, I had a husband ...
David Barwick
Choosing between higher income or better credit applicants
I’ve been showing and taking applications for my first rental property. The applicants all seem to fall into one of two categories:1. better than 3x income but credit problems ranging from missing some payments for so...
Robert Ford
Repairing credit.
So here is the scoop. I am looking to repair my credit I have been working at this for about 2 years now. I have been able to obtain credit cards since my start. I went from having 10+ DAs and a Repo that I still owed...
Josh Sterling
The full time investor
I've still got a long way to go, but I would love to give up my day job and be full time into real estate. Currently I would need to make $150k a year in real estate to match my near term earning potential at my job (...
Cal H.
ANATOMY OF AN ALLENTOWN DEAL
ANATOMY OF AN ALLENTOWN DEALHi All,BiggerPockets.com has been a game changer in my life. It has provided me with a wealth of information, inspiration and guidance. I can without a doubt say that BP was responsible for...
Dennis Griffith
Setting up a corporate entity
I currently have one rental property, which is in my name. I have been inquiring about transferring ownership to corporate entity in order to protect my assets. The rental property is in North Carolina and I have b...
Trace S.
Possible Real Estate Downturn ???
😕😕 Talked to some people i know from the loan industry who work with residential loans nationally. (USA). They say they are starting to see/hear up tick in calls of people asking questions about loan defaults and ba...