Taylor Ratliff
What is HOUSE HACKING?
House hacking is the strategy through which investors earn income by renting out “rooms” in their primary residence. ANYONE can be an investor and facilitate this strategy to pay for their mortgage on the home.
Hous...
Roger Vi
What is the dollar amount on being frugal?
Being frugal is a trait many of us share on this site. Most of us started out with some type of personal finance or investment book that preached being frugal and spending your money on solid investments instead is th...
Steven Terrell
Acquiring our first couple of multis through house hacking and scaling up from there!
The average American household spends around 33% of its income on housing. In a high inflationary environment you have to get creative and find more ways to save and and offset your monthly living expenses. House hack...
Account Closed
Credit/Background/Evictions Checks Galore + 3X Rent Rule.. Yet EVICTIONS SURGE IN USA
I highly doubt credit and background checks are outdated, for if anything, they are continuously competitive and streamlined hot tool commodities.Perhaps the 3X Rent = Minimum Monthly Salary qualifier is outdated?Firs...
Account Closed
The Fed just dropped rates
The Fed just dropped rates. This is their thought process. Information received since the Federal Open Market Committee met in June indicates that the labor market remains strong and that economic activity has been ri...
Rebecca Belnap
The Feds Raised the rate today
Just got an email that the fed raised the rate by .25 today. That was expected. What wasn't expected is that instead of planning to do 2 more increases in 2017, they said in the meeting that they are planning 3. I'...
Roger Vi
What is the dollar amount on being frugal?
Being frugal is a trait many of us share on this site. Most of us started out with some type of personal finance or investment book that preached being frugal and spending your money on solid investments instead is th...
Rachel H.
Rent to Tenants with Large Credit Card Debt?
Hi everyone. I have applicants (a professional couple in their thirties) to rent a single-family home I own. They seem like fine people - no reason to believe otherwise. Their combined income is 7x rent. Their credit ...
Dani Murphy
Resources for Finding a Target Market
Hello BP Fam! Here are some resources to help you validate your next target market:
1. Population Growth - https://www.census.gov/data/tables.html
2. Job Growth - https://www.bls.gov/
3. Median Household Income Gr...
Aaron Noltemeyer
Cash flowing rentals in Wisconsin
I’m starting the process of investing in real estate. We are looking into small multi or single family home for buy and hold. We want to own locally in SW Wisconsin but prices are really high. What are ways folks are ...