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Can anyone recommend or underwrite a 15% down DSCR loan based off short term rental income? I'm looking for a 30 yr Am, and someone that can close fast enough to be competitive in a hot market. No prepayment penalty w...
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Hi Bigger Pockets,
I purchased a condo in the bay area this year living as an owner-occupant with housemates. While it's not a big fixer-upper, I am renovating - three steps in with BRR!
I need help with Quickbooks...
Hello BP,I recently met with a local closing attorney and told them about my plan to buy renovate and resell houses. I mentioned the letters and marketing I have been sending out to targeted houses (acquired by drivin...
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I'm getting more and more FB ads in my area for mobile homes for sale. Some have been redone, others are a "handyman's delight", but I'm curious if it really matters if all the numbers work? I guess there's just a sti...
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Hello everyone! I'm a 26 year old from Long Island hoping to acquire my first rental property by the end of the year. I do pretty decent for my age, and I live at home still, so I've been saving up a lot of money. Sad...
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Hey y'all, Wondering what is the best marketing strategy for obtaining off market leads? Working to figure out which route has the best conversion rates when targeting specific neighborhoods. Direct mail, SMS, door kn...
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My goal is to produce $3k/month profit from rental properties while spending less than 1hr/week on management (e.g. engage a property manager).
I could buy a couple properties in cash, or buy several properties with ...
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I have a house in Newark, CA rented to section 8 tenant for nearly 2 years. When I first rented, I was asked to lower the rent even though my asking rent was $200 lower than other houses in the community (same size a...
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I’m new and finally making the move to become more active in RE.My husband and I own three homes-all rented. We bought the last 2 in 2007 just before the collapse but have managed to hold onto them. The same renters h...
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I’m based in Utah. I’ve been thinking about househacking and would appreciate some advice, since I still don’t quite understand the advantage of house hacking. Two scenarios:
Scenario 1: House A
- Purchase price: $3...