So I bought a 3 family in NJ and have gut renovated all apartments and have had great luck thus far but have run into my real first issue. Here is the situationI gutted one of the units (3 bedroom 1 bath) with a new k...

I have been listening to podcasts and youtubes and I keep hearing people say that investors should not own their own home, they should rent.  Can someone please explain the logic behind this.  I have 55% equity in my ...

There's been a lot of discussion on the forums as it relates to differentiating bad debt from good.  The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...

Hello everyone,  I have been searching for a duplex in Philadelphia, PA. for the past 4-5 months. My plan is to purchase w/ an FHA loan (will use 203k if needed), occupy one unit and rent out the other. I haven’t been...

Hello all,My name is Charles Haverty. I am starting my fourth year in medical school this summer, and will be applying to residency programs this fall, interviewing through the winter, and will find out where my girlf...

Hi everybody! This is my first discussion on Biggerpockets, quite an exciting moment! :-)A little background...I have been involved in buy-to-let real estate for the past few years in South Africa (Cape Town, Johannes...

We had a cold spell last week. I get a text Sunday night from a tenant that the radiator pipe is broken (4 days after the cold spell ended). What I know is that she ran the propane tank empty and did not get it re...

Good Day/Evening Bigger Pockets!Tonight, I wrote down a goal: Save $10,000 to invest before Oct. 7th. As I began thinking of ways to accomplish my goal, a thought about how investors are being frugal came to mind. Ple...

Hi Everyone,Here's the deal. I really want to buy an investment property. In my area, what really makes sense (at least to me) is a vacation rental. What's great is that one of the nearby areas that is great for VR's ...

I have been considering purchasing a 4 unit Multi-Family home as an owner occupied/rental investment. The numbers seem to workout very well at this point. Current asking price is $200,000 and the gross monthly cash fl...