All Forum Posts by: Kristin Vegas

for those who have more experience with property managers or managing props. I have a property manager managing my 2 houses. are they supposed to send me the invoice for any repair that is being done on my property?  because last time I asked my prop manager for the invoce he said that was the last time he sent me the invoice for a repair.  should it be that way?  I'm a new investor so I need your help, I appreciate it

yes thinking to buy a multifamily with 5% down with the intention to live in one of the units

 per year I pay around $1k

 the property is producing around $855 after property management fee, I have the same tenant for almost 3 years

Need an advice if this would be a good idea or not.  To sell one of my investment properties, it is a single-family home that is valued at around $65k and no more than $70k, I have tenants who live in it for about three years and pay $950 a month in rent. the house is free and clear.  I'm planning to use that money for a downpayment  to buy a multifamily where I would live in one side and rent out the other side. I tried to do a cash out or heloc on this house but it couldn't be done because of the price it was low. the house is located in Rockford il, planning to buy in Rockford as well since I live here. Any opinion would be appreciated, thanks

Hi bp. is it possible to do a HELOC on a house I purchased 6 months ago? is my primary home I live in it, the purchase price for the house was $145k and I put 5% down when I purchased it. i been making 6 payments The house is located in Rockford il

Hello biggerpocket fam. I hope everyone is well, I came here because I need expert advice from you guys, let me tell you my situation: I have a investment property that i purchased 2 years ago and is valued at 65k that does not have any mortgage and that is already paid off, I want to use that property to buy another one for down payment , the question here is: What is the best way to do it. a heloc or a cashout refinance and why. your response will be appreciated :)

Hello everyone, I live in a 3 bedroom 1 bath house here in Rockford il,  Also has a basement where there is a laundry area, bathroom and a room with closet. I'm thinking about renting the basement room and share the kitchen. my question here is what are some requirements or tips when renting a room 

Can I make an offer on 2 properties at the same time and walk away from one that I didn't like the most? using 2 different agents