Michael Kotylo
MLS Pricing too high, no room for profit.
I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
Antonio Chelala
What insurances should I be getting?
Hello everyone,I hope you are doing well.I am a bit confused on which insurances to get, i know there is the homeowner insurance, and I will be requiring my tenants to have rental insurance. Does having an umbrella po...
Stephen Rinaldi
Understanding ARMS and the value they bring
I have to imagine the recent trend of lenders attempting to incite business will continue, this will likely manifest itself in more adjustable rate mortagages (ARMs) becoming available. Currently I'm seeing along of ...
Christian Johnston
VA Home Loan: San Diego
I am looking to use a VA home loan in the next 3 months on a multifamily property (mostly looking for 3-4 units). I have read the Bigger Pockets House Hacking Book and the general Bigger Pockets book on Rental Propert...
Kelvin He
Is operating with negative cash flow a good move?
Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...
Chris Scharf
Rental Properties Safer Than Stock Market For Long Term Wealth?
Anyone else have the thought that good cash flowing rental properties will outperform index funds over many years hands down? Even if I don't utilize the BRRRR method or force appreciation it still looks like a better...
Darrell Lee
Teach Me About New England Fireplaces
I'm a life long SoCal investor buying property in Vermont. In Cali, fireplaces are a huge plus, in the NorEast they are rarely mentioned. From reading the forums I guess 100 yr old homes the fireplaces are a negative?...
Prashant Sharma
Buying a rental property with no cash flow
Hi, I have an accepted offer on a duplex in an A+ neighborhood but the current rents will bring negative cash flow with 25% down. Leases expire 2-4 months after i am supposed to close at which point i can raise rents....
Sarah Moncivaiz
Refinance or sell to scale?
We are at a crossroads. We own a rental that is currently worth 700k. Our 1st mortgage is approximately 130k at 2.75% with a PITI of $2000 and we have a Heloc that is currently about 115k with a minimum payment of $29...
Tiago Rodrigues
Should I fix and flip or rent with potential negative Cash Flow?
I’m am looking to buy my first investment property. I am currently a tenant for a one bedroom, paying 1100 a month. I am good with my hands and will be doing all the renovations myself. My question is, should I invest...