Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Jean Paul Rousseau
Bad start in rental experience
I am a recent property owner and BP member. Things didn’t start too well and I would appreciate any advice on what I should do if the situation does not improve :End of october 2013 I bought two rehabilitated houses i...
Ralph Miller
Tenants Asking for Me to Subsidize Their Electricity Bill
I have tenants asking me to subsidize their electricity bill bc it more than doubled in the month of May-June.....this is the story. Please provide input.About two weeks ago their AC unit broke. I immediately had a ...
Sarah DeMamiel
$400,000 To flip or to brrrr? Or both?
I have $400,000 to invest for my mother. She is older and would like to have an opportunity to have higher returns on her money at this point in her life. We were initially looking to flip homes, which would potential...
Sam Levine
New Landlord - How to Handle Rent Increases
I am about to close on my first fourplex this Friday through an owner-occupied FHA loan. The property fits my investment requirements at market rental rates. Unfortunately, the previous owner has kept the rents for th...
Julie Rogers
Are larger more expensive homes good rentals.
Are larger, more expensive homes hard to rent.I am concerned that anyone that would rent such a nice place could afford to purchase their own nice home, so finding a renter that would stay for a while, might be diffic...
Shequann Burrwell
private money lending scams
I am on the search for a new lender to fund my rehabbing efforts in my area. I found a post on LinkedIn simply stating this person was working with new investors who are allowing him to lend there money out to fund de...
Mann Phan
Drowning in repairs, any advice would help
Hello fellow BiggerPockets members,I find myself in a bit of a bind with my real estate investments. Last year, I took an aggressive approach and purchased six rental properties in the Midwest, specifically in the Cle...
Phil Sharp
Buy-and-hold strategies in high priced areas
I have lived in the San Francisco bay area for the last 15 or so years, and am anxious to start doing some buy-and-hold investing. However, it seems that price-to-rent ratios are solidly over 30 in my area, and gener...
Raeshelle C.
Best way to start out investing with $10K?
How would you invest in your first rental property if you had $10K? I am going to get a personal loan so that I can get started. I want to buy and hold. I live in MA. I could house-hack first and do it through FHA and...