Hello,I'm just starting out and wondering - What do folks think about quality vs cash flow? I'm looking at 2 apartments.A - is good condition, needs some updates in kitchen/bathroom, listed as 2 bdrm but it's really ...
My most recent property should cost about $20,000 to get to rental-ready condition (floors, repairs, new vanities, change out all lights and fans, paint, bathroom refinishing, drywall, cleanup) or about $45,000 to tru...
Hello Everyone,My name is Matthew Binns, I just joined Bigger Pockets literally yesterday. I am 22 yrs old and a soon to be U.S Navy vet. My goals in life is that I want financial freedom, the ability travel, and gene...
Hello BP world! I live in Basehor, KS (Kansas city suburb) and have absolutely no real estate experience except buying my primary residence. We bought an estate sale that needed updating and have learned a lot throug...
Obviously the shorter the mortgage, the higher the monthly payment and therefore the more difficult it is to cashflow. I know a lot people prefer to opt for the 15 year fixed mortgage rather than the 30 year fixed bec...
I am closing on a townhouse next month, and will be renting it out. All expenses a month equal $1400. I will be renting the unit for $1900 a month. Should I save all the cash flow and put down on another house, or pay...
I have 8 single family homes that I have purchased cash after I spend whatever amount of time saving with a good deal of success, but feel I am not moving at the pace I would like to achieve my goals. For people in s...
I have one rental property with no mortgage. I want to have funds available for my next deal so I went to try to get a HELOC on the rental. One bank, a credit union with which I had an account for many years, offere...
My name is Chris and I am new in the game around the Mid-West. Specifically IL (where I live) through to Detroit, MI (where my family lives)I am new into real estate investing, and new as in I have been studying every...
Hey Folks,
I'm sure this topic has been covered hundreds of times, but please bear with me. Here is my situation: I've finished a BRRRR investment property which is now worth about $230k. I'm trying to figure out w...