John Echele
Flood zone properties. Can they be a good investment.
Hello BP,I am just starting out and trying to find my first flip house near Pacific, MO. What I have found a lot of is houses that have been flooded for sale for very cheap. Mostly small single family homes around $15...
Chance Thurman
First deal on the rocks, would you back out?
So I have been working on my first deal which was going to be a fix and flip. The property is unique, it was an older couple who had a contractor building them a custom home. The owner was an architect and his wife ...
Meghan Custer
Property Management Professionals - would you allow DIY repairs?
Hi BP,I am new to investing (still looking for first property) and have some questions about using a property management professional..I have not met/interviewed with any local companies at this point in time.I know t...
Eva Karnaukh
Finding the right Realtor / Brooker
Hello fellow BP Friends!Curious to see if the PRO investors partner with a single broker or a realtor? Work independently? or have a number of brokers who they deal with on a regular basis? What qualities they are lo...
Victoria DeCristoforo
Philadelphia Duplex, Mayfair Section- First Buy?
Hi all,I am new to Bigger Pockets and have been doing all the research I can on my free time to learn about real estate investing. I am looking to purchase my first property, a duplex or "multifamily home". I have a f...
Patrick Allen
Lost my roommate: now what?
Hey everybody! Got a question out of the American Southwest concerning tenant screening.Skipping over the entire sad story about my roommate saying he wanted the place and backing out at the last minute (two roommates...
Joshua Gutierrez
50k a month by 50, possible?
Hello BP,I feel like I am in an outstanding position to make my money work through real estate investing and at the same time feel so stuck deciding on which strategy would be a good fit for me. Let me break down my c...
David Fairall
How do you prioritize what gets updates/repairs for your rentals?
How do you prioritize what gets updates/repairs for your rentals? Because there is a lot that could be done in mine (whether it should be is kind of the reason I'm asking), I feel a little hesitant to take action beca...
Joe Nasr
Income properties calculations
Hi,
I am looking to buy my first income property and wanted to know how much the maintenance, utilities and PITI should i deduct from the gross rental income? I have been told 45% of gross income but there doesn't se...
Tyler Thavong
How was your first rental experience like?
I'm saving up for a down payment and looking forward to buying a rental. How was your experience and when did you start? Errors and solutions? And lastly worries?