Haven't done a sec 8 for many years and now have an applicant. I just lowered my asking rent. If it is below what sec 8 pays can I ask for the higher amount? After all it is worth more with all the hassles. Would p...
Question :I am still fairly new to BiggerPockets (2+ months) and I am gearing up to start investing OOS. I am searching in 4 different States and trying hard to do heavy due diligence. I am seeing here and there prope...
Good day BP,I currently have one 4-unit rental owned in my personal name and I have a duplex (foreclosure) under contract which will also be owned in my name (to fulfill fannie mae owner occupied requirement). My que...
After reading the "Cashflow Doesn't Build Wealth" by Shane Pearlman I can see that there are a lot of really passionate opinions on both sides of the fence. There were some really good arguments presented by both sid...
So I have a single family home and a trailer that I rent out and my wife and I are looking at purchasing a triplex or quad. How does the Cap Rate work and at what time does that become relevant? I always try to learn ...
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
I keep on hearing from investors that "I'm waiting for interest rates to go down" or I hear "I need rates to go down for the numbers to make sense". Maybe these investors are saying this because they just got into inv...
I've scoured this site for months upon months and haven't come to a solid conclusion...so, I'm sure I am asking something similar to every other newb- and I apologize not only for the repetition but the length.***My q...
Hi BP! My husband and I live in the SF Bay Area where home prices have risen substantially in past years. We want to leverage some of our home equity and use that equity as down payment for our 2nd rental prop. We'...
We closed on a triplex in March. The old landlord informed us the first floor tenant is always late but always pays. I don't like the fact that he's late all the time. It's now March 9... He texted me and said he shou...