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So the 30yr mortgage rate went from 3.93% to 4.46% over the weekend! Holy cow!
Could that be the reason Mortgage rate applications fell 3%?
It would make sense!
How do you feel this will affect REI? Buying and Hol...
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Longtime lurker, first post. Thanks to the BiggerPockets community for all the invaluable advice -- it's helped me personally and professionally for many years.
Here's my question: This year my wages at my non-real...
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I am considering shifting my investment plans over to buy-and-hold commercial multifamily. I have some things that I'd like clarity on. I appreciate anyone who takes the time to read this (and especially respond). I'v...
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I put in a new basement carpet a bit over 10 years ago. I have had a couple different tenants since, the last for 6 years. When they moved out the carpet was pretty shot...but it is 10 years old. The entire house (3br...
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I`m a total newbie so I have some question after reading and listening to a lot of materiel here and on the web. 1) what do you look for in the due diligence process of buying a performing note?2) what discount should...
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Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
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Hey everyone,I have a friend who I have been looking to partner with in a three or four flat in Chicago. Cap rate in the areas we wanted to buy are so bad (1 or 2%), even for the add value plays (which I think in Chic...
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My neighbor's basement is flooding after some pretty heavy rain over the past week. They have called a basement guy out, who would solve the problem by jackhammering up the cement floor in the basement, digging a tren...
I am new here, and along with the Bigger Pockets guides, I recently read Brandon Turner's "7 Years to 7 Figures." That piece lays out 3 fundamental principles: get a good deal when you buy (20% discount), appreciate ...
I'm working on a rehab for rental and pulled up the flooring (vinyl floor and carpet) and noted there was a ton of moisture (wet) in the existing wood floor. The house when I bought had been vacant with utilities shu...