Joe Butcher
3 X the rent on lower income?
I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
Elijah Williamson
Discussion on investing in "sleepy towns." Is it worth it?
Hi, my name's Elijah and I'm a new investor who has yet to do my first deal. I was born and raised in rural Alberta/Saskatchewan, Canada. I've lived in small towns most of life with populations ranging from 10 people-...
Michael C.
Rent to Own??? can I use a tenant down payment for a loan???
I have people coming up left and right to me now days wanting to rent and own, they have bad credit, a stable job and they also have a down payment for a house, I get approach many times from tenants or people willin...
Mckenzie Goulding
Looking for suggestions!
Hello! This will be my first post on bigger pockets. I am a new investor and just bought a house with my wife. The house came with a finished basement with potential to be a mother in law. We are spending 15k to finis...
Gadiel Del Orbe
Dilemma with an ADU Conversion
I own a Duplex in Los Angeles and I want to convert the back storage unit into an ADU. I'm planning to demolish the storage and build the ADU from the ground up. The ADU is going to end up being 552 sqft and a one-bed...
Corey Reyment
Cost Segregation Study on a 16 unit and 401K To Reduce Tax
We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...
BOB CRANEY
Investing path for a Sophisticated Investor NOT Accredited
Experienced in SF and small multifamily 1-4 units. Currently have 13 units across 8 buildings that i have had for 7-10 years in C areas. Appreciation since the crash has been really slow to come back and many of my pr...
Account Closed
Tiny Homes in the Colorado Springs area
Good morning everyone!Tiny homes have become a huge interest for a lot of my people. It seems like this trend will continue to grow so long as the residential market stays course. Would you invest in a crowdfunding ca...
Bruce Woodruff
Is new construction going to go in the tank?
With inflation hard upon us, more expected, and with money harder and more expensive to get, do you see a downturn in new residential home building? Seems inevitable, doesn't it?
Jennifer Noble
Q! All cash purchase out of state or financing to buy in SoCal?
Hi All,I'm trying to decide if I want to take on the risks of buying property out of state. I like this idea because I can probably get a property for 35k-40k all cash in the MidWest somewhere. This would allow for p...