Samantha M.
2% Rule on SFR
Basic question about the 2% rule on SFR, which states rent must be 2% of the properties purchase price.
Is the 2% based solely on the purchase price or does it include repairs as well. For instance.
1) Purchase Pric...
Darren Finney
Tips for analyzing deals on apartment buildings
Hello, I'm currently looking at a 10-unit low-income apartment building. I've contacted the management company and am waiting to hear back from them regarding their profit/loss, rents, and expenses. I would like to ...
Maranda Tucker
Any success with cash for keys?
Has anyone had success with cash for keys? How much did you have to offer?
Johnathon Kim
Just starting out. Is this a realistic goal?
Hi everyone! This is my first post here on Bigger Pockets – I'm excited to join the community!
I'm just getting started with real estate investing and like many other beginners, I'm feeling pretty lost.
I've define...
Khurram Chaudhary
Pulling out equity to replace Income
I am building a large real estate portfolio with relatively wealthy partner. He is pretty settled and is looking to just diversify his investment portfolio. I, however am focusing on building the same real estate por...
Takahito Torimoto
Breaking even & don't want to sell; options to improve cash flow?
I currently have a rental property that is, on average, giving me zero cash flow (up until my recent rent increase, I was paying about $100-200 out of pocket per month).Before I get beat up on that... I got divorced 4...
Ben Parr
Buy and Hold #25 Under Handshake Contract
I met with my mortgage broker earlier this week to do a refi on my primary, and lo and behold, he had a house to sell me. It was not quite my ideal house, only 2 bedrooms, no garage, no basement, but he offered me lan...
Brandon Lundy
Cash Only Auction Financing Options
I recently found a property that is up for auction and listed as "cash only" on Auction.com. The house is a solid house that has been foreclosed on and will likely sell for 80-120k (auction starting at 40k).Here are m...
Letricia Steed
Pay CASh For The Property & Rehab. Then Refinance Or USE Hardmoney To Buy And Rehab?
Hello All,
Im new to the BRRRR model and I've been reading the book. I have a question about a property that backs up to a lake. Is the BRRRR model suggesting that the best way to implement the strategy is to use yo...
Mark Ross
How To Calculate Rental Property with Cash Out Refi?
I have my first rental property I purchased in November 2021. I fixed the property up and was able to get the highest rent in the entire building at $1375 a month. I purchased the property for $135k cash, however now ...