Thanks everyone for all the help and info on this site. Today I closed on my first "intentional" investment deal. I am already an accidental landlord (and out of state), and an accidental raw land investor (from a mov...
So I'm getting ready to make an offer on a REO. Listed at $65k. It needs about $10k in repairs, ARV is $100k. I am looking at a rehab/mortgage combo at around 5% and 20% down.
Will rent for $1000-$1100
P&I - $3...
Hello Bigger Pockets!I'll cut right to the chase so here are the facts:I am in the Coast Guard.I have one rental in the State of Maine for the past 1 1/2 Years which used to be my primary residence. I have been doing...
Since I'm looking across the border (from Canada) into the USA, I will need to invest in a city that I have not much information on (at least not yet). Planning on a Buy and Hold. But how does one decide on what city...
Hello everyone.I just bought my first investment property and have it listed for rent. I’m coming across a trend and wanted to see if it’s the norm for everyone.On a daily basis, I’ll field questions about the rental ...
I recently listened to a podcast on BP about hard money loans. I'm an experienced investor (about 10 years) looking to do more deals this year and next. I currently have enough lines of credit to do 2 or 3 deals at ...
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
Hi Bigger Pockets community in SLC.I'm a newbie investor in the area. I've had a chance to meet a few people at the SLREIA lunch, REI Expo, and at an MJARE open house. I'm also joining UVREIA and UtahREIA and plan ...
A bit of background/introduction before I begin. My name is Darren and I currently live in the Auburn area of Seattle. I have lived in Seattle since '05 when I moved up for a change of scenery from Texas. I am marr...
Hey BP fam! I need some help! We found a great off market deal on a local duplex that will cash flow, appreciate and could potentially be a STR on one side. Went and looked at the property, minor rehab (maybe 10k). Pr...