My mortgage rate is very high and I would like to pay some of it off, so that my monthly payments would go down a bit, I dont know if it is financial smart to do it or not? any advice on paying mortgage off or faster
As someone who manages short-term rentals, I've started using automation to help run things better. It's supposed to save a lot of time and make things less stressful. Have any of you tried using automation in your re...
hello group, Baltimore area is so competitive, it's been 3 months we have been looking for deals and checking on a lot of properties and making offers, we still have nothing under our belt and always got bid out. ...
I do not have a realtor, how do I find out how long a sold property was on market before it was sold. Any other resource to get this information other than a realtor.
Hello BP community!My name is Priti and i live in the South Denver Metro area. I came across Bigger Pockets podcast last year and i have been reading RE books and listening to different BP podcasts since then. I truly...
Hi, BPersThank you all for the helpful advice on my first short rental in my previous posts! I finally finished the reno and decor and now it's up for renting. So far, I have 64% occupancy in 30 days. It is much more ...
Hi all-I have a rental in New Jersey which I've rented out steady for 3 years now to the same family. We actually hadn't intended to rent it out, but we had to move quickly and it was faster than selling it. We have...
I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
Hello,Having delved into the informative realm of the Bigger Pockets podcast and other materials, I've learned that, optimally, a long-term rental investment might generate a monthly profit of $100-$200 per property. ...
http://www.proapod.com/LearningCenter.htmFormulasBreak-Even Ratio (BER) The ratio often used by lenders when trying to decide whether or not to underwrite an investment property loan...Capitalization Rate ...