Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Eric Waters

Eric Waters has started 2 posts and replied 4 times.

Post: Pay off Rental House vs Investing in more now

Eric WatersPosted
  • Investor
  • Omaha, NE
  • Posts 4
  • Votes 0
Originally posted by @Walter Key:

@Eric Waters How much equity do you have in the home you're thinking about paying off? If you've already got a substantial cushion of equity, I'd put the money towards another investment.

 House is currently valued at 67K.

So 30K in equity. Yes I'm on the fence which is why I'm looking to get the pulse of the real estate investor community!

Post: Pay off Rental House vs Investing in more now

Eric WatersPosted
  • Investor
  • Omaha, NE
  • Posts 4
  • Votes 0

I'm curious to get the pulse of my fellow real estate investors. I currently have a rental house with a balance of about 37K. My goal is to pay it off free in clear by May. My question is in your opinion, would you pay that off first or use the funds to proceed with investing in an additional property or using it as a down payment for another property. 

My heart tells me to stick w/ the goal of paying it off first before buying another property.

Just want to hear your thoughts and look forward to the discussion.

Thanks

Post: Real Estate Investor from Omaha!

Eric WatersPosted
  • Investor
  • Omaha, NE
  • Posts 4
  • Votes 0

Hey Team,

Already feeling the support from you guys who are like minded and it's very exciting. I would love to meet up with a few of you to hear your experiences. Rich, I've checked out that link and may very well join to surround myself with the community!

Kyle,

That is awesome that you are already at the place I'm trying to get to. I would love to talk to you about your journey! 

Yoshi, 

I'll be in touch with you as well as I would love to pick your brain on properties!

Thanks team,

Eric Waters

Post: Real Estate Investor from Omaha!

Eric WatersPosted
  • Investor
  • Omaha, NE
  • Posts 4
  • Votes 0

Greetings to all,

I'm solely committed to scaling my real estate business and am looking for guidance,  a partner and knowledge transfer from my colleagues. I currently own 1 rental property but am looking to be very aggressive over the next 5 years! 

I look forward to meeting and learning from you all!

Waters