Hey all, i am relatively new and curious about the Ensley neighborhood, is it in a good part of Pensacola. Looking to buy a multi unit deal in Ensley, Pensacola. What is the max rent per door one can expect for a 2 be...
As my husband would say to me - Here We Go! Hold on tight. :) Earlier I said to maintain accountability I would be posting updates on my 2023 goal of purchasing at least one multifamily (my real BHAG is 16 units in...
Hey everyone! I am working towards purchasing my first rental property in the St. Louis market by the end of 2017. I wanted to see what peoples thoughts and experiences are on funding rental properties without having ...
Hi Biggerpocketers!I'm a relatively new REI that started my buy/hold adventure about 1.5 years ago. I caught the real estate bug and caught the tail end of the great recession in 2013 and bought 6 doors (4 SFR, 1 dup...
I’m quite new here, and I am at the very beginning of my REI journey. A little about my situation: I am a 33-year-old single mom who has finally gotten her finances in order after getting my Bachelor’s degree in 2022 ...
Hello experts,The applicant has his moments monthly income = 4.3 of the rental monthly and I'm renting the house for $1400 a month. His credit score is 586 and his criminal listed 7 items and his eviction listed one i...
I have been under contract with a buyer since 9-24. We were suppose to close on 10-24, and was canceled on the day of closing, because of an unexpected tax lien that showed up, so I extended closing to 10-31, but we d...
Hi BP,My name is Brandon and I am about to invest in the mid west from LA. If you don't mind sharing, I would love to get your advice on where I should invest in. Maybe some spots on good schools, malls, big companies...
I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
Hold and rent out or sell?I was offered 300K more than my house is worth (a 2 fam). Currently, my mortgage is 2000 a month and my rental income is 4600, which leaves me with 2600 a month income after mortgage. My ca...