Waylon Smith
How accurate is the 2% Rule?
Hello everyone! I am reading "The Ultimate Beginners Guide" right now. Question for everyone. It gives a quick definition of the 2% rule (the rent should equal approx. 2% of the purchase price). I know this is not int...
Charlene Fetzer
Should I sell my duplex?
Alright, I thought I would throw this to the group to see thoughts.I bought my first investment property in March of 2020 (crazy timing) for $229,000/$69 sq ft in Nashville TN. Extremely hot market. It is a duplex and...
Ryan Dossey
How many offers do you make per deal?
For those of you getting deals on MLS how many offers do you average per deal you actually get accepted/close on? Trying to reach some goals per @Brandon Turner's podcast and figuring out what level of activity I need...
Ben D.
Cash out of California?
I have a SFR rental property in Fontana, CA that is worth 390k and I owe 255k. I am 1 year into a 20 year mortgage and have had same renters for 6 years no problems. I am not cashflowing, but obviously trying to pay...
Roshan Patel
House Hacking in NoVa/DC
Hi All,
I'm new to the forums and real estate generally. I was interested in house hacking in NoVa/DC and was curious about others' thoughts with respect to feasibility and any personal experiences house hacking in t...
Steve Volk
Fannie Mae property offer?
I put an offer in on a Fannie Mae owned property this week and it was rejected. The situation is that the house is in a section of town where I would consider it a C class area. The listing price is $14,900 but the ho...
Verletta Saxon
First Time House Hacker
I'm looking at a 5 bath 4 bedroom built in 1938 with 3490 square feet in a town of 20,000. The home is priced at $240,000. The house has a great composite deck and no back yard, making it difficult to resale to famili...
Robert Rodriguez
Best lending options, buy a property from family to use as a rental property.
I will be buying a condo from my grandmother. i have been renting the house for the past 2 years. She will be selling the house to me for well below market value. Ideally, putting no money down through a gift of equit...
Maximus Stovall
Rent pricing
What are some good resources to use for establishing rent price?
Jake Drappi
DETERMING SEC 8 VOUCHER RENT
Good morning BP I have been online looking for over 2 hours for specific information on house to determine how much properties can be rented for under section 8. I have found countless articles online, but none of th...