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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $900
FSBO, Seller-financed, 0% down, 0% interest BRRRR-to-be. Tenants will be out soon to b...
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My wife and I are in the process of opening a HELOC on our personal residence. The banker said that my wife's credit score was terrible, so she put it in my name only. At first I thought, "No big deal." Then we rec...
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I have a 2nd investment single family home (3 beds, 2 bath) that I built new approximately 5 year ago in Idaho. I currently owe 120k on the home and it's worth approximately 220k. I am coming up about 40k short on a...
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I have been thinking about setting up a new account specific for my duplex. A checking account for rental income/paying the mortgage, and then a savings account to cover any maintenance or repairs. Does anyone have an...
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Hello BP Forums,
Two months ago one of our tenants expressed interest in adopting a dog and inquired about our pet policy. We are a pet-friendly property, so I shared our Pet Addendum doc with the tenant, outlining...
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I
have 2.75% note on a 750k mortgage in Seattle. I purchased in Feb 2020
just before Covid and my estimated price appreciation is roughly 250k.
Due to family reasons, we are considering moving to Austin. Between...
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What are some strategies you have used to improve or rebuild credit?
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Hi, I have about 13 rental properties likely 14 by end of the summer. Where is the best place to apply for business line of credit say 30-70k. I don't need it immediately but likely in case of emergencies or vacanci...
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Hey BiggerPocketsers (ya we really need a term for this community 😂)My teammates in insurance/accounting and my CPA are frequently asking me how much each property in our portfolio is worth with a breakdown of land vs...
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I'm in the process of purchasing my first rental property. I was considering starting an LLC, as I wish to have more properties in the future. At the same time, I have heard that banks charge a higher interest rate fo...