Jennifer Voegele
Rental with Wood Burning Fireplace
I'm looking for my first rental property and many of the older homes in my area have wood burning fireplaces. I really don't want the extra expense of cleaning/maintaining a fireplace, not to mention the potential fi...
Everest Jordan
Does 1% or 2% test in DMV (DC, MD, VA) NY metro even make sense?
The much talked about 1% rule does not make sense in such larger NE metros (NY/NJ/ DMV). Even foreclosures don't pass this test, forget about units listed on Zillow, Realtor and other sites. Also, I have heard many gu...
Dave Carella
Need money NOW.. what can I do to prevent missing a good deal?
Here's the rundown.I own free and clear 230k home.found great investment property ( two good and clean manufactures homes on 4.4 acres) for 150k with income potential of about 450 month - each.problem. my money is all...
Account Closed
Is This a Deal...or Speculating?
Hi BP,I'm on the hunt for a house hack in Philly, and seeking some advice for a duplex (3/1, 1/1) on the market. I need a gut check -- in this competitive market, where can one take some liberties to buy in the path ...
Brian Bartalomy
Just Getting Started from Long Island
Hi BP! My name is Brian and I have been lurking around for a few weeks now, researching and gaining as much knowledge as possible. I am looking to pursue REI in the future but now am just trying to educate myself. ...
Victor So
Fix and Live Properties - Does the strategy change?
Hello BP Community! My wife and I want to buy a condo this year in Chicago where we plan to fix it up, live in it for a couple of years, and then rent it out. We found a place in a high rise building, facing Lake Mich...
Erik Nordgaard
Househack a Duplex and live with a friend
Bigger Pockets Family, Good evening, in the interest of building cash flow would you recommend living with a friend and collecting rent off the friend? I want to buy a duplex that cost $1900 a month to operate, p...
Sunny Burns
North Arlington NJ Landlords: Questions on Rent Control Rules
, Rent Control Laws: http://ecode360.com/11268660So I did a quick search for any landlords in North Arlington that I could connect with, but results returned no active ones.Is there anyone on BP who has a rental in No...
Eric Hardt
Owner occupancy clause - early exit
Good evening all,I was wondering if anyone has any experience with getting approval from lender to rent unit prior to 1 year. This is my 4th property, so the other 3 are rented. I started buying in 2013 in properties ...
Perla Leon
Questions about cap rate
Hello everyone. I am new here. I am interested in investing on a multi-family property to rent it out. I was interested on a 5 unit 2 buildings in Palmdale California for $600K collecting $4200 monthly but I am not su...