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I am new to the forum after reading a lot of valuable posts. I have a question on what my desired rental income should be (including my own 'rental' costs for living in the property) and the applicability of the 2% an...
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just closed on #18 rental today. it's located in westland, michigan.this one was very weird and almost didn't happen at all. it had 5-6 stumbling blocks, but my experience helped. not giving up and trying something ne...
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Hello BP,I did an FHA conventional on a property in Worcester, MA in 2016. I purchased for $216,000 and had financed the repairs on an introductory no interest CC over the next year to rehab the property. Last year it...
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Hello BP Nation, I recently purchased a 3B/1.5B townhouse for $176K in East Baltimore County, MD. My property manager and I set the rent at $1800. The median rent for the zipcode is $1500. There are very few rentals ...
I’m just starting out and have decided that I want my strategy to include buying both flips and rentals. Any advice on which venture I should start with? On average how many properties would a beginner purchase in the...
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Mulling over my options, I have my VA benefit sitting there unused. If I use this, I would have to use it on something at retail price, as most all of the wholesale deals need work and would not qualify. Also, I ...
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I posted this in the contractors forum, but wanted to get some landlords' advice on this too. I need to talk to and hire a contractor as I'm preparing to convert my condo in Chicago into a rental. Most of the things...
Hello Seattle InvestorsI currently own and live in a condo in Seattle. I'll be moving out at some point this year and was contemplating renting it out. I was curious if anyone here owns condos in Seattle (~750 sq ft) ...
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Hey Everyone,I am a residential mortgage lender taking my first dive into real estate investing. My main focus is cash flow to grow long-term passive income. I have always wanted to buy a 4-plex as my first investment...
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https://www.biggerpockets.com/calculators/shared/1300912/0d5c3566-6846-46fd-bee1-f900bf68a04b
*This link comes directly from our calculators, based on information input by the member who posted.
No...