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...
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...
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...
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...
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...
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...
What are some strategies you have used to improve or rebuild credit?
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...
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...
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...