I got into a discussion about expenses in an earlier post about the 50% rule and as many have said, history tends to run in line with it.So I took that as a rule, and backwards calculated purchase prices using the 50%...
whether it's a sfh or a mfh will the 1%rule always exist? I mean you need to buy property no less than 150k to get the 1% rule, and as inflation occurs property values rise. I'm just wondering say in 20-30 years will ...
So I been having this idea of buying a condos out in Orlando for a while now. Beside the HOA fees their pretty cheap and I think there could be a lot of money in them; buy and sell with a tenant, long term lease with ...
Hello BP Canada,I'm hoping to get some feedback on the community's feelings towards the Ontario market right now and some advice for a prospective first-time investor. I've been researching real estate for about a yea...
In one podcast I listen to on investing they discuss the concept of "equity harvesting" on their properties. The idea is simple, as your tenants pay down the mortgage and the property (hopefully) increases in value th...
BIGGER POCKETERS - New investor here 👋🏽...I’d like to hear experiences from those that have built their portfolios the traditional way - finding a good deal, putting the required 15-20% down and renting it. I’ve had n...
Hi everyone, what percentage of my monthly rents should I be putting aside for future expensive repairs like roof, furnace etc.? For example, if my rent revenue was $2,000/month with $1,000 going towards mortgage, wha...
Hello all,
I am new to this community, and I want to ask the more experienced investor out there, I am a new investor, I want to start with a duplex/fourplex but wondering if is better to payoff my mortgage before s...
I've got a subordinate agreement on a parcel to develop into roughly 200 homes plus or minus and to be done In phases.
Have any of you done any JVs with dirt contractors or found a bank that will finance phases of th...
Hello everyone,
I just found the bigger pockets podcast and joined. I’ve been loving the content. I have been using a Heloc to purchase a few properties because I don’t have a load of cash. I understand the numbers ...