I know conventional wisdom says "if you pre pay a mortgage, your ROI is whatever the interest rate on the mortgage is". but I KNOW there was an article here that I've since lost track of that showed it's NOT the case....
Last March I purchased 2 triplexes for a great price.I know there was deferred maintenance, roof, gutters, paint, and some cement and landscape issues..But the deal was too good to pass up. It cash flows well right fr...
Hello,This is my first post, and am still very much in the learning/education phase of my REI journey. (So please dont be too hard on me!) I'm 26 and my goal is to make $500,000 a year in passive income by acquiring r...
So I have been on BP reading many books and the forums, and listing to many many Pod Cast for close to a year. In my town of Palm Coast, FL it seems that there really is nothing in the ROI of 5% or better. The bi...
Hi everyone!I’m excited to say I’m closing on my first deal (a house hacked duplex in Concord, NH) after four years of studying books, podcasts, and forums through this awesome website! So thanks to everybody who take...
Hi everyone!
I currently have a property that suits my criteria, but their is one big problem. The property is a quadplex that has tenants paying less than half of market rent at this moment. To maximize my cash-flow...
I am new to Bigger Pockets and have been doing a lot of research for the last few months. I am starting to analyze deals (which maybe aren't really deals!). I am interested in multifamily units as they seem to me to...
Hey guys, my wife and I️ recently purchased a duplex with 25% down. The owner we bought from is older and needing money for health issues, so she’s liquidating all her assets. Unit A tenant has been there for 7 years ...
I am excited to say that I will close on my first property soon and will be inheriting tenants. The tenants and their two pets have been living there for 18 years and pay $475/month, no deposit, no pet fee and on an o...
Hi everyone,I came across a rental house with good potential. The good part of it is, the long term tenant has lived there for over 9 years and they pay rent and are not likely to leave, but the downside of it is thei...