complete newbie here but, I'm reading "the ultimate begginers guide to real estate investing" (the free book you get when joining bigger pockets) and I stumbled across the 2% rule which states your monthly rent should...
Hello all, I have been a BP for 3 months actively listening to podcast (started from podcast 1) to posting a few questions, but this is my first time introducing myself. My name is Sharika and my husband Jason (who ju...
My partner and I started looking into REI since Q4, 2015. We knew it was a hard year to get in for a newbie investor but we didn't give up. We started out by listening to the BP pod casts on 1 of our longest road trip...
My tenant in Jersey City NJ is looking to break lease early. He states his reason as pending layoff - of which he is not sure but says it is inevitable in 2-3 months. I try to be understanding and accommodate my tena...
Hi all.I figure it's time to introduce myself, having lurked, watched several webinars and taken in 12 hours of BP Podcasts over the past month or so.Anyway, my name is Craig, I live near Manchester, England, and I ha...
Hi,I'm in the process of purchasing a short sale. It's in bad condition and I don't mind doing the renovations but I need to be very economical otherwise I'm not making a profit. I'm confused on how I can economize. ...
HI. i have a RE agent to list my rental house. we got an application and now i asked my agent to do a background and credit check. I asked him to use a tenant screening tool i saw online that . he told me that he only...
So I’ve run the numbers on the airdna website for a property that caught my eye… What came back blew me away. It’s a 16% cap rate, NOI of $50,000, gross income of 96k. 87 % occupancy rate, $154 a night. If this data ...
If you had little to no debt (DTI: 5%-10%), currently renting, your initial REI goal was to fast track your way to be able to quit your 9-5 job with replacing it with positive cash flow, main goal was to acquire as ma...
Hi All!I am hoping to move forward with my career as a real estate investor. I am a real estate agent, so I do have an understanding about the residential resale and rental markets, etc. However real estate investing ...