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Hello All,
I bought a single home in Minneapolis 2 years ago. If I knew about REI or were I smart enough then , I would have chosen to buy multifamily.
Since I now know about what I should have done back then, here ...
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Hi all
I have a previous house (now rental) that is quite underwater. I paid about 10k in repair costs this year for a new HVAC and the basement had to be excavated due to the plumbing collapsing under the house. Ye...
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New mortgage originations fell over 23% month-over-month and a stunning 47% year-to-date according to Black Knight (formerly LPS). As they show in their detailed presentation, with a 65% year-over-year drop, new mo...
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The psychology of wanting to own an investment property outright is probably blurring my thinking regarding looking at this situation purely from a cash flow/leveraging equity perspective. Yes, I want my equity to wo...
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Hello everyone! I just stumbled on the BiggerPockets podcast and have loved what I've heard so far.I need some help. We are considering renting out our first house and moving into another house we love in our same nei...
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I have three potential tenants scheduled for showings in the next couple days. We are renting our MIL studio. The rental is in high demand and I am wondering how I can choose if all three tenants are interested. -Sho...
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Hi Folks,I cannot understand why more people are not talking about this. Renter:Imagine I am a renter in Bay Area and I wan't to buy an average $1M home here in Bay Area and want to put down a decent 25%. My loan woul...
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Have a former multi-family house-hack in NJ that I converted to a full rental 2 years ago. I have 1 year left to qualify for the primary residence capital gains tax exemption. Property has a 30yr mortgage @3.6% intere...
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I wanted to share my recent rental experience and seek some advice on how to handle the situation. Normally, I handle the leasing of my properties myself, but this time, as I am in the process of buying a new home and...
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Hey!
I know that you are able to purchase a home as a "second home" using 10% down but was looking for some answers to some more questions in that area. If you put 10% down it isn't allowed to be a rental but I woul...