Is there a "rule of thumb" regarding a ratio of income you should get from a rental property versus how much a mortgage payment is on that property. Obviously you are in it to make money, but is there a criteria that...
Hello all! My name is Michael Tully and I am from Las Vegas, Nevada! I was born and raised here in the valley and am familiar with most neighborhoods around town (moved a lot growing up). I am a math/accounting studen...
Hello,I'm currently analyzing deals for my first purchase in Cleveland (Gordon Square/Ohio City/Hingetown areas) and my cash flow keeps coming back negative. I'm turning to the Bigger Pockets community and hoping some...
Hi :D
I live in San Diego, but I am back in my hometown of Memphis, Tennessee now involved in a partition suit I filed against my big Sister on 1/23/08, because we co-inherited our childhood house from our Mother wh...
Hi BP
I'm curious what your buy hold strategy is?
How do you evaluate your deals?
What is your exit plan?
Cash or finance. How does that change you strategy?
Cash flow, break even, wait for appreciation?
I'm looki...
I bought 160 acres on a contract for deed 3 years ago at a very reasonable price,[b] but with a change in circumstances, I'm struggling to make the biannual payments.
The value of land has nearly doubled since then. ...
Hi, I have come upon a 4 plex for $ 335,000 that is new and though not luxurious in any way, does have a pool and clubhouse. It is in a somewhat lower rent area and the entire complex of more than 60 4 plexes seems to...
For those of you familiar with the real estate market in the Detroit, Michigan, Northwest Indiana, Columbus, Ohio, and other areas, you know that this is prime opportunity to build a real estate portfolio.
Why? Let ...
My name is Paxson Hightower. I have been on BiggerPockets for almost two years now, but I have never posted anything. I live in Cedar City, Utah, and my wife and I started house hacking over a year ago. I feel like I ...
There is a house for sale that is rented out to a few separate small businesses (hair dressers, etc). Initial numbers look good. I’ve been in the SFH long term rental game and I’m familiar with how to analyze, but not...