Kristina Modares
East Side
I'm looking into investing in a property around $40-60K My plan is rehab (20-30K), rent, and hold. I've heard Dignowity Hill is a good area but apparently I won't be able to find a place for my budget. What other area...
Matt Holmer
Fannie DTI ratio with new rental income
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
David Lant
Newburgh, NY. Buy, sell or run for your life?
Has Newburgh, NY really turned the corner as a good real estate investment? Looking to branch out from Beacon, but I'm always getting conflicting reports in regards to the future on Newburgh. I do flip single family...
Chris Piper
Becoming a private lender- "The Banker's Code" by George Antone
I'm sure some of you may have heard of the book or course "The Banker's Code" by George Antone. I have read the book, and this is what I took away from it. If you want to become your own "personal bank" so to speak as...
Jess White
What rental REI expenses can I deduct while still a W2 employee?
I am currently still a W2 employee while building my real estate business out of My question is this, what can I write off on my taxes while I am still a W2 employee and not considered a "Real Estate Profressional"? I...
Richard Choi
Setting up legal business entity - Tax, Legal & Accounting considerations?
Hi All,I am working with a business partner to invest in real estate. Our near-term strategy is probably best described as BRRRR single family residential (detached SFR). We are currently in the planning stage, but ho...
Abe McLaurin
Columbus vs. Cleveland
Hello Bigger Pockets Community,
As a student at The Ohio State University, I have begun to dive into the Columbus market. So far I have enjoyed learning about Columbus and the recent trends/developments that impac...
Martin Bastida
Cold calling efficiently
There are a lot of ways to get in touch with motivated sellers. You could try direct mail, sms blasting, bandit signs and of course Cold calling. I want to improve my cold calling abilities and improve my efficiency w...
Maximo Flores
50% 2% rule
Hello,
About the 50-2 rule, I wanted to ask how attainable is that rule in major cities? I live in Seattle and it's pretty difficult to find deals that pass that rule. I have been able find properties that pass the 5...
Eric Hyde
Long Distance Investing?
Hey all - I'm new to BiggerPockets and thought I'd introduce myself. I live in Torrance, California (Los Angeles area) and would like to invest in income property, most likely duplexes, triplexes, or quadplexes. My ...