Andrew Delgado
What would you do in this situation?
Hello BP community! My name is Andrew and I currently live in Colorado Springs CO. My wife and I bought our first home in Oct 2019 and have about 120k in equity. We want to sell our current home, buy a small multifami...
Edly Destine
Help: I want to buy my first 3-4 plex
I'm looking to purchase (~$600k) my first MFH using 3.5% FHA by the end of the year. Bronx, Westchester area. Any real estate investor from the NY Tristate or anywhere else Willing to help guide a newbie!? All advice ...
Account Closed
Hiring Your friends, family and day laborers
Hello everyone, I have a question that pertains to getting the right insurance. I'm sure many investors who first started out had hire their friends, family and day laborer from craigslist or home depot because its ch...
Kel S
Closed today - Pics of our latest SFH
Today we closed on our 5th investment property. This one is a 3/2. 1584 sq ft. No basement. Garage and large backyard in a good area. We are trying to decide if we should rent or possibly try and flip this one.
Pict...
Alan B.
One bedroom Section 8 Voucher/Restricting family size without breaking discrimination laws
I just completed my 2nd door (the top half of my duplex), it’s a one bedroom, with a stand up shower (no bathtub), carpeting only in bedroom, and what I would define as a total bachelor pad. It’s not a place designed ...
Corey Crowley
Question about cash out refinancing
I am new to Bigger Pockets and this is my first post, so I apologize if these questions may seem very basic to some.
I own 7 single family homes and 2 duplexes which are all paid and have no outstanding loans. I hav...
Account Closed
When a housing bubble bursts, do rent prices decrease accordingly?
I want to make sure when I'm buying rental properties, that they can remain profitable in any market. I ignore the possibility of the value of the property increasing, I only am going to make decisions based on payin...
Danny Duran
1% Rule Multi-family Properties – Where are you hiding them, Chicago!?
BP Community—equipped with many hours of Bigger Pockets podcast listening and forum trolling, the fiancé and I are actively searching for a multi-family property to owner occupy in the City of Chicago. Goal: leverage...
Mike McKinzie
Fudging the 2% and 50% rule
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...
Jason Peterson
Help - looking at a 6 plex!
Hello!I am interested in purchasing a multifamily 6 plex property in Dubuque Iowa. I am new to the real estate investing scene and figure this is the best way to go for cash generation. (See link below for house)https...