Clint Harris
Poll, what is your acceptable Cap rate?
Interested in hearing what different people have to say. I’m currently evaluating a triplex in Wilmington North Carolina, Gross rent multiplier is 8.1, net income after financing is solid, Cap Rate is at 6%. But that ...
Assaf Furman
Simple case where a 15yr mortgage is better than 30yr
In a recent article, @Scott Trench discussed the advantages of a 30 year note over 15 year (or lower than 30 in general). While I agree with most of what's there, I'd like to discuss a case where to me at least, it se...
Tarl Yarber
SOLD! $73,000 Profit! Bought Labor day when others on Vacation
Hey Bigger Pockets!Once again, I'm being horrible at posting on BP and its getting harder and harder to sit down and write anything on the forums. Just know that I am investing a ton, and I post when I can.As for thi...
Diana Dorantes
‘What’s in your garage’?
My husband and I recently met a couple who were rehabbing a rental and noticed that they were driving a very nice luxurious SUV, now we learned they have had rentals for 40 years and were ready to begin to sell off s...
Kyle Forsythe
My First Deal.. HELP!!
Hi all, I'm new to real estate investing, but I'm not getting cold feet about buying a property. I think I've found a deal that will work for my scenario (house-hacking until I graduate college) but I would really lik...
Alex S.
Flipping/rehab advice Atlanta
Hello fellow investors, this is only my second post and never actually properly introduced myself. My name is Alex and I am a licensed contractor in Georgia and sort of a new investor. My wife and I opened our invest...
Reinhard Kurzen
How do housing vouchers count towards a monthly 3X income?
Hi there BP!
I currently have a rental listed for $1,700 and I am looking to have income of 3X the rent. I have an applicant with a rental voucher for up to the full amount of rent, so 1700 plus additional income of ...
Robert Freeborn
Am I required to get a GC license as a rehabber?
I just finished my first flip and am in the process of selling it. I'm already looking ahead to my next flip.For the first one I was working full-time at a bank, and didn't have the time to organize it 100% by myself...
Chris Furcolo
Termite Damage - Should You Take on the Unknown Repairs?
I've made an offer an a single family investment/rental property in Massachusetts. We plan to buy and hold and rent it out for 5+ years at least. The inspection revealed termite damage that may require the entire si...
Christopher Veljkovic
No Response from Homeowners and Homeowner's Attorney
Hello BP community!! I am in need of some Legal Strategy, Comments, or even follow up questions regarding this situation I am in. Unfortunately, my attorney is hitting a wall and doesn't know how to proceed.The homeo...