Bought first rental in February 2021 for $300k in Nashville. Home is now valued at $330k. I put 20% down so mortgage is now at $238k.When is the right time to refinance and repeat?How?Thanks 1 to 40 in 3 years!
I now have a solid:
Purchase Agreement
Assignment
and
Sub-Assignment (for other wholesalers who I'll offer $X(ie: $5k) to help me find a buyer)
I've worked hard getting these set up the way I want (to provide safety ...
Hey,I'm curious about how people are using AI to create efficiencies in their REI businesses. Have you found it helpful? What are the pros and cons?Thanks!
How would I go about buying a property that already has tennants?
Hi everyone, I'm posting on here today to see if I can get some guidence. A year ago I recently purchased my first multi family to house hack and I rant into a issue when the seller paid for a electrical upgrade to th...
Hi All,Just curious on what verbiage and things do you make sure to include in a contract with a contractor if you are turning over a unit between tenants. My goal is to make good concise skeleton that I can provide t...
Hi All,Just curious on what verbiage and things do you make sure to include in a contract with a contractor if you are turning over a unit between tenants. My goal is to make good concise skeleton that I can provide t...
That you are increasing rent!The tenant takes great care of the property, has been there 2 years and I haven’t raised rents but definitely need to. She only contacts me when it’s a big thing happening and she usually ...
Goodmorning Biggerpockets,*Note* I intend on consulting my actual attorney this week, but until I hear back my anxiety needs an answer.Basically I'm questioning if what I am doing is legal. It was the loan officers su...
Hopefully some on here are interested in quant or statistics and how it can be applied to rents. If it intimidates you, don't worry, I will attempt to be concise and provide a laymens terms summary.Basic statistics cr...