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Results (6154)
T. White Should I pay off an investment property?
25 October 2022 | 17 replies

My husband passed away tragically 7 weeks ago and I now have insurance money to pay off our investment condo that we owe $115k at 4.1% interest (733 a month)  We have a tenant in there and it pays for itself but I’m w...

Account Closed Single Meter Duplex-- Utility costs getting out of hand??
20 June 2022 | 10 replies

Hi all. Last year I purchased my first rental (BRRRR) for $115,000, and put around $30,000 into repairs. It appraised for last month at $220,000 in which I was able to do a cash-out refi and pull almost $30k back out....

Jon Lafferty A year in the life of a new investor - Thanks BiggerPockets!
12 December 2014 | 7 replies

I have been a member on BP for a little while now and thought I would share what my first year of investing has been like.I have been interested REI for 5-10 years. Prior to the bust in 2006-7 I had attended a few REI...

Craig Daniels Relative ranking of my first rental "deal" vs. the rest of the US (monthly cash flow)
8 December 2024 | 7 replies

Hi - I am curious what the forums will make of my first deal and whether it is relatively good or relatively marginal.  I am in the Palm Bay, FL area and bought an SFR 3/2 for 220k.  30% down, 6.375% rate, and after a...

Mary Jay What am I doing wrong?
13 May 2023 | 17 replies

Ive been a landlord for about 18 years... Normally, if a tenant moves out it cost me under $600 to clean/paint, etc regardless of the area... Lately things have been very different... The last couple of tenants who mo...

Eric Bilderback Rents in a down market
4 September 2017 | 6 replies

Do rents generally go down in an economic downturn?  If you are underwriting a property do you consider that the income may actually decrease (if so by how much) or do you think worst case scenario rents are stagnate?

Account Closed Rental Property - Accounting for Future Repairs with Purchase Price
14 August 2014 | 9 replies

Good afternoon, everybody,I'm working on getting into REI, and right now I am looking at the possibility of purchasing a duplex. The windows in the upper unit (and probably the lower) are original to the house. They s...

Steve Norton Investor offer stand a chance after higher offer being submitted to lender?
10 November 2009 | 9 replies

Hello fellow investors!
This is my first post on the forum. I have been reading a lot and found that there are many great contributors, so I've decided to join!

I am a realtor, but it is time to put the investor ha...

Richard Lorenzen The Crisis Among Us
29 November 2009 | 6 replies

Does anyone have an opinion on the commercial real estate crisis and which areas of commercial it will have the most significant impact on?

Personally, I do not expect apartment buildings to be hit as badly as office...

Khouri Rice Need some advice
6 September 2013 | 11 replies

Hello BP, I am looking for some advice, I am a little stuck as to what my best course of action for my first purchase might be...(my long term goal is to build a portfolio of buy and hold rentals, while doing a few fl...