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So, I have a tenant that is finishing up their 3rd year in a rental I manage for my in-laws. Outside of one or two hiccups, they are really good about paying their rent on time. Additionally, they keep the place rea...
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My sister and I are going to receive the condo my mother purchased for 249K and she refinanced it about a year ago for a 3.49%. I could not talk her out of this as I wanted her to pay the mortgage in full. Although i...
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Ladies and Gentlemen, Let me be the first to honestly say, I think we are all screwed🤷🏽♂️ . Yes, Most of us in California did recover Most of April rent. May is going to be questionable. And June well... Let’s just s...
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Hello BiggerPockets ! I am writing this post with the out-most trust in this community and want to get different points of views on my financial situation. I love this platform and have been following it since 2015 as...
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Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...
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Hello Everyone,This is my first post on BP, as I just made my account a few moments ago, so please excuse me if my forum post is not formatted correctly.I am looking to buy my first rental property around July 2020, h...
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Hello friends. My wife and I live in Oregon and we want to buy our first rental, but the interest rates and the housing prices in Portland are very high. A 3-bedroom house starts at $450k. But I'm getting the feeling ...
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Predictions for inflation have been around for years, now it's here and it will be for a while. It's in the news every day. CPI (consumer Price Index) came out a few days ago with 7.0% for 2021 and when I look at the...
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I own a few rental properties here locally by I’m thinking of buying some more in another state. My question is what are some of the mistakes that newbies make when investing out of states?