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All Forum Posts by: Houssain Alderawy

Houssain Alderawy has started 2 posts and replied 5 times.

@David M. Ahh I see. I appreciate the advice brother.

@David M. Thank you so much for the reply brother. I should of also mentioned that I do plan on paying off my primary in the next few years anyways and was trying to get creative and save cashflow to put it towards investing. So instead of the cash sitting in the bank untill I find my next deal it would be used as basically paying me my mortgage payment every month untill a deal arises. Does that make sense?

Hello Bigger pockets fam.

I am seeking some investing advice on how to purchase my second rental property.

Currently I have a free and clear rental property that's worth about 120k. My primary residence is worth about 200k with a 95k balance left. After I cash out refi my rental I would have about 90k cash to purchase my next brrrr with. Should i use that 90k cash to pay off my primary residence which I then could get a heloc on of about 160k(80% of 200=160). Now I will have extra money every month from not paying a personal mortgage and will have enough cash in my heloc to have 2 brrrr's going at once and so on. Any feed back would be greatly appreciated thank you very much 🙏🙏 .

Thank you very much Nathan for the reply. I will defenitlly check out the ozone generator. I also thought about cleaning out the duct work so I might end up doing both this week. Again I appreciate the help. 

Hello. New member here although been listening to BP for over a year now. I purchased my first rental property(single family) a couple months ago.  Every time the tenants turn off the central AC unit , a really bad smell comes from the furnace Room, which is the same smell in the crawl space. After going down there i found 5 dead mice  And threw them out. However the smell still came back and I called A crawl space remediation company. They quoted me $6500 to fully encapsulate the crawl space. 1. I spent all my money buying this property and 2. I dont think an encapsulation is even the solution. If anyone had similar experience and would like to share or just might have and opinion on what to do, please feel free to comment because I'm not sure what to do at this point. Thank you guys and sorry for the long post.