Lisa Sluss
Cash poor, real estate rich
I own two properties free and clear, with a total value of $750,000. I live in one and rent out the other. I’ve been turned down for a HELOC by three different lenders (Penfed, US Bank, and Wells Fargo) all because ...
Account Closed
MARKETS: What market are you in and why? What are current trends?
I'm constantly evaluating new markets.Please tell me what market you are currently focused on and why.What current trends are you seeing? What is the path of growth in that market?Thanks in advance.-jon
Chelle Knijnenburg
lease change the renter (a lawyer) wants to add about escrow
Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...
Tanya Smith
Buy a house for $120,000 an rent it for $1200
Hi Friends! I have been analyzing deals ALL OVER the area I live and can't meet this 1% Rule... Where can I achieve this rule without buying in war-zone areas? I have noticed there are people saying they only buy prop...
Debbie Rumsey
Am I missing something?
I am hoping someone on these forums can help me out with understanding what the best way to leverage but not become deeper in debt. My husband and I own multiple SFR's, condos and a few small (du,tri,4plexes) some of...
Roy H.
How much work are STRs really?
Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...
Katie Lyon
Sell? Ride it out? What to do…
The backstory - we have an investment property in Cape Coral Florida. Right outside of ft Meyers. We have had it for one year and it renting right at about 1%. Hurricane Ian was not good to us and cost us about $10k o...
Ryan Verbist
23 Out of College with 100k?
Hello Bigger Pockets Forum,I am located in Los Angeles, CA and have just graduated college. I am liquid 100k cash. My best bud from childhood is in the same boat with 100k cash. Together we are looking to start our re...
Ana Klein
Rehab Newbies looking for a partner
My husband and I are looking to do our first Rehab and flip in WI. I am a CPA and he is a very handy ( has done work for others and also updated our old home where we turned a 65k net profit, which we invested into a ...
Brandon Becsi
Refinancing low income properties
We purchase low income properties for between 10-35k and use them as section 8 rentals between $700-$850 per month. I know that banks dont like doing traditional Mortgages on properties under 60k ish but what about re...