Hello all! So i decided on getting a HELCO because I want to get my first investment property and I have equity in my primary residence I live in now. Basically i spoke to TD Bank today and agreed on terms, but I have...
Had breakfast with a close friend of mine this morning and I explained that my goal was to eventually have minimum of $5,000 month coming in (after taxes) from rentals in low income / working class neighborhoods. And...
I think I have too much going on and I'm considering making a decision that's a little rash. I have a duplex which is generating a little over $1025.00 after mortgage and escrow. It's an hour and a half away. I work f...
I have only been active on BiggerPockets for a couple of months, but it's pretty clear that BP hates the Frayser neighborhood in Memphis*.There is no doubt it's a challenge rental market, but great things are happenin...
Hello, I'm currently investing in Indianapolis from LA (Pasadena). I know there are a lot of us out here, and it would be beneficial to all to connect and maybe get together to share experiences and make our network e...
I bought my two investment properties about 8 years ago and at that time hadn’t heard of Th e 2% rule. When I recently learned of it, I went and did the math. Each of my properties falls between 1.3 and 1.6%. I’m wond...
We're putting in an offer on a duplex in Winona, MN. Our normal lender just quoted us 4.9%, with 25% down on a 30 year. I'm hoping we can beat that! All help is appreciated!
Hello Everybody!
My name is Drew Roqué, 22 years old, and I am aspiring to be financially independent! I graduated from a Maritime Academy with a 3rd Mate’s License and I am now working for a shipping company. To mak...
How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...
I am hoping this post will help some others on here who are trying to make decisions on where to invest.My wife and I are looking for the market we want to tackle, and this post will describe our process. Part of our...