Gani Veer
Keep or Sell my negative Cash Flow rental
Hello BP members,I am a new member to BP, and this is my first post. I have a question regarding a rental property in Chicago with below details? It is currently yielding negative cash flow. I am holding this property...
Travis Lewing
Bookkeeping with excel
Hello Bigger Pockets!
I just closed on my first rental property and need to begin tracking expenses. I only have the one duplex at the moment so it should be fairly simple at this point. Any tips on an easy to us...
Patrick Jung
Use cashflow to reinvest or torwards principal of mortgage?
What do you guys do with your positive cash flow? Do you put it towards the principal on mortgage or save to reinvest it?
Kenneth G.
Self Directed IRA: what do i need to know?
Hello Everyone,
I am highly interested in applying some of 401k towards a self directed IRA. It seems like a good opportunity for me to get involved in real estate with out currently having a ton liquidity.
However...
Maya S.
Refinancing a NNN
I have to refinance my NNN as I'm getting close to loan maturation May 2025 (balloon payment). Currently @ 4.5%. My tenant (investor grade) has 3 more years left on the lease. I've talked to them to find out if they a...
Kim Hopkins
Protecting Lines of Credit (LOC) and Arbitrage to Offset Interest
Hello Friends!
One of our goals right now is to increase our liquidity so that we can take advantage of any opportunities that arise in this changing market, especially in the case that traditional financing becomes ...
Nemi W.
Real Estate Agent or Investor?
For Realtors/Agents who are investing: If you make an offer on a home from the MLS, do you always represent yourself (write the contract, submit it, keep the commission, etc.) or do you enlist the selling agent as yo...
Karl Sivert Skatland
Review of investment worksheet
I am trying to create an investment worksheet that will give me a quick overview of a potential property investment. My question is how do I account for the principal paid on the mortgage? The worksheet is attached in...
Kevin Clayton
Refi pull money out Vs HELOC
Looking at finance options to leverage an investment property. Creating an LLC to transfer the property into and looking to build credit/ establish the loan via the LLC. As rates rise I’m wondering if it makes more s...
Wilson Cheung
Seeking other Mack investors
It is now public that Mack has filed Chapter 11. Through these forums (via David Ho), I was introduced to a attorney representing creditors. Connect with me and I will pass along what I know.