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: Nick Barber

Nick Barber has started 3 posts and replied 6 times.

Post: “Hidden” fees when buying real estate

Nick BarberPosted
  • Ypsilanti, MI
  • Posts 6
  • Votes 2

Thank you all for the insight! It is greatly appreciated.

Post: “Hidden” fees when buying real estate

Nick BarberPosted
  • Ypsilanti, MI
  • Posts 6
  • Votes 2

Hello all! Getting to the point where I am ready to buy my first real estate investment purchase. Just wondering what are some of the “hidden” cost or often overlooked cost when purchasing real estate that pushes the all in cost after closing above the purchase price of the property? 

Post: Buying First House While Still Paying Rent

Nick BarberPosted
  • Ypsilanti, MI
  • Posts 6
  • Votes 2

Lance,

Do you have the option to sub-lease your apartment?

Post: Questions to ask when buying your first real estate investment?

Nick BarberPosted
  • Ypsilanti, MI
  • Posts 6
  • Votes 2

In about 7 months my lease will be up on my apartment and I do not intend on renewing it because it is my largest monthly expense. I found BiggerPockets in June of 2017 and have been addicted to their concepts/ideas about real estate investing ever since. With that said, the past several months I have been listening to BiggerPockets podcast, reading books and trying to analyze properties in my area because I will need to do something in the next 7 months to eliminate my monthly rent payment. Please share your thoughts on things I should look out for when buying my first real estate investment. What questions should I ask the banks, the real estate agent, the seller? What things should I look out for when touring the house that are often hidden from the eye, but will be costly to fix? Please share your stories, thoughts, and  experiences.

I appreciate the feedback!

Post: Pay down debt, or save as much money as possible?

Nick BarberPosted
  • Ypsilanti, MI
  • Posts 6
  • Votes 2

Thanks all for the feedback!

Post: Pay down debt, or save as much money as possible?

Nick BarberPosted
  • Ypsilanti, MI
  • Posts 6
  • Votes 2

Hello, 

For the last 5 months or so I have been reading as much about real estate investing as possible, trying to analyze deals in my area and save up as much money as possible; however, I am stuck between trying to pay down debt or make the minimum monthly payment on my loans.  I have student loans (~180/month @ ~4.5% interest) and a small car payment (~$251/month @ 5.4% interest). Do I try to wipe out my car debt with what I have saved so far, delaying my time I enter the real estate investing market?

I appreciate your feedback!

-Nick