Dave Estochen
HELOC on a Rental Property - Pros & Cons
I am considering a HELOC on one of my rental properties which has a lot of equity (~350k) and a low mortgage rate. I would use the line to purchase more rental properties and BRRRR them to repay the line. Does anyone ...
Jake Wahmann
Think I Found A Great Deal. Now What?
Hey everyone. I’m new to Real Estate Investing and I used the BP rental calculator to run the numbers on a potential property. The numbers scream home run and Brandon always says that if you find a great deal it’s eas...
Erica Quarles
Lost the Contract, Hard Money and Refinance
Hello All, I just want to thank BP for all the good information on this site. It has been the reason why I jumped in head first. I found a great first house to flip in a great neighborhood. I used the flipping calcul...
Bette Hochberger
Understanding Real Estate Taxes: Key Points to Know
Are you a new homeowner or investor navigating the maze of real estate taxes? Let's break it down together! Real estate taxes vary depending on location and property type, but they typically fund local services like s...
John Smithy
Mortgage interest tax
Hello, We live in silicon valley where home prices have soared like crazy !!We recently closed our new home with an outstanding loan amount of $1.4MOur current home has an outstanding loan of $450K. We plan to rent it...
Account Closed
Using NPV for real estate investments
I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?
Robert Coomer
Apartment Building Question
Hey Everyone,
I just found an apartment building for sale at what I think is a great price, but I would like a second opinion. Here is the information:
List Price: $345,000
Units: 16, All 2BR 1BA
Rent Price: $600 per...
Sylvia B.
Cap rates make no sense
I've read this article by Sergio Altomare - How to Calculate Cap Rate (& Where Many People Get It Wrong) several times and there is something that just doesn't make sense to me. These basic formulas do make sense:...
Brandon Turner
How Much Do You Improve Your Rentals?
I'm working on a blog post for the BiggerPockets Blog and I'm curious:
How nice do you make your rentals before putting a tenant in?
Specifically, I'm writing about turning a primary residence into a rental, but t...
Nat Love
House hacking with 20% down??
So I was wondering, if I had the equity to put 20% down on a house to house hack, wouldn’t that be better than putting 3.5% down?