Bill Thomas
2% Rule seems crazy on this one...
Here's what I read on the 2% rule....."The 2% rule says that for a rental property investment to be “good”, the monthly rent should be equal to or higher than 2% of the purchase price."so....If I bought a multifamily ...
Conrad Z.
Owner Financing - Benefits/Pitfalls??
I'm considering owner financing on a house I purchased at the trustee sale in Phoenix for 60K
Using a sales price of $100,000 with $20,000 Down and an interest rate of 10%. I should get roughly $12,500 back after cl...
Justin Bocchino
New Member from Los Gatos, CA
Hi All,Better late than never. My name is Justin and I was first turned on to Bigger Pockets about a year ago. I have been listening to the podcast and I am currently reading @Brandon Turner's book on Rental Property ...
Tristan Colborg
Finally made first offer.... Unfortunately didn't get it.
Well I have been reading and learning a ton over the past few months, looking at properties in the KC market and finally found one to make an offer on. The purchase price was at $67k and after running the numbers fit ...
Stace Hill
hire attorney to review rental agreement
should you have a local attorney review your first rental agreement? app $400-600thank you
Daniel Afonso
Starting Capital for Real Estate Investment
What would you say is the starting capital needed to sustainably invest in real estate? I feel like thats the first thing I need to know in my planning. What was your experience with this? Is it wise to use loans to s...
Allende Hernandez
Need suggestions on how to handle utility costs for house with "efficiencies"
Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.T...
Derrik Jacobson
My 1st Post: Is this worthy of an Investment?
Okay, first post here. I am relatively new to the Bigger Pockets community and have been reading a lot. Currently I am trying to dial in what the real estate market really entails for me locally (as I'm still measur...
Michael Baradell
First Deal Under Contract!! Aluminum wiring found!! Help?!?
Hey BP world!! I am happy to say I am officially under contract on my first property!! The property was a succession sale that I got at a great deal. The property was inspected today and the inspector discovered th...
Kirana Rao
Sub-metering small multi-units
Hi everyone: I am currently in the process of sub metering a 4 unit in Cincinnati. I know there is a lot of confusion and questions about what and how things are done. I am happy to provide information and resources i...