Trying to decide on using reserves to pay off rental mortgage or keep. I am retired, 72 and own 4 college rental houses. Zero vacancy as housing shortage is acute and typically let students pick their successors. I st...
Hi folks,This is a bit of a new member introduction and request for feedback on my first deal at the same time. I'm currently a grad student living in SoCal, and my wife and I have decided to start building a real est...
I have an offer in on a duplex in an up and coming part of the city. The house needs work and is being sold "as is" The plan is to live in one unit and rent the other one out. At the prevailing rate, provided the cost...
What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...
I am new to the BP forums as well as real estate investing. I have a date set in which I would like to have done my first deal by (first of 2019). Being in this stage is exciting but also somewhat nerve wrecking.
I w...
This is going to be a long post, but I felt it was worth taking the time to make because even after listening to nearly 150 episodes of BiggerPockets, there were still so many things that we missed, didn’t think of, ...
I recently had a post "Out of State Investing-SCAM! False promise land of cash flow".https://www.biggerpockets.com/forums/88/topics/351...I may have given the wrong message that out of state investing is not a good wa...
Just got a bid presented to me by my property manager from a contractor of $14k for tenant turnover, incoming rent for the unit is $800... I know the unit well and it's not in bad shape. Some of the items are totall...
Hello,We bought this house and closed on April 28th. We have been searching for a qualified tenant but have had no luck.I was wondering how long other investors have had vacancies in months. Is it normal to have a vac...
Background:
I've always had an interest in owning rental property, but due to living in CA and my inexperience I had assumed it was only accessible to those with significant cash in the bank, so I figured it was som...