I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Today we sent our investors a special update on the impact of Coronavirus to the Las Vegas market. I thought it would be helpful to share it here.
There are multiple canceled events and conferences. Hotel occupancy i...
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Hello folks - I purchased my house in Aug 2018 in NJ. It is a single family two story home with a basement. The house was constructed in 2000. It has a sloping backyard elevation coming to the back of the house. The p...
Are "Medium Term Rentals" (1-2 month stays) the next big thing? I tend to think so as owners can trade max profits for lower costs, booking certainty & perhaps most importantly much lower regulation risk (most STR...
Hi everyone. I am new to real estate investing and I have been reading books and following the bigger pockets posts. I am looking to do my 1st real estate investment. Currently live in New Jersey so I will be doi...
Hello Bigger Pockets gurus!I've been lurking on Bigger Pockets for months as my husband and I have purchased, renovated, and rented our first two single family properties. We thought everything was going great until ...
I'm moving out of state and trying to decide if I should sell or rent my current home.., my current house built in 1996 is worth about 630k, mortgage balance is 210k on it. monthly payment is 2100 including tax and in...
obama received an award as man of the year from the newspapers guild over the weekend. No press was evidently allowed to attend(so much for transparency). Now today, a bill was introduced to allow the failing entities...
I worked in the automotive repair industry for over 15 years where my image was not of major relevance. Employees wore coveralls and had no personal dealings with the public. You don't need to look like a rockstar to ...