Kyle Pierrehumbert
First Rental property- when to lower rent?
Hey! So I just closed on my first rental property and have it posted on Zillow, it is in a desirable area and I priced it competitively when directly comparing it to other listings. It has been listed on Zillow for 4 ...
Jeff Tucker
Jeff Tucker (Northern Maryland/ Lower Pennsylvania Area)
Hi! I'm Jeff and this is my first time really taking the efforts to begin my passive investment journey. I've heard a lot about Biggerpockets over the years and I've even worked for them as a contractor. I own a media...
Brian Acosta
Waive Tax/Insurance Escrow to Lower DTI?
Looking at how to improve my DTI for next purchase and noticed that the mortgage payment on my credit report includes full escrow (taxes/insurance) which is significant at $1,200. Since its on my credit report it will...
Edward Dandrea
Cap rates lower than interest rates wtf
I don’t know if it’s my market or what but I often see mf properties that are boasting around 8% cap rate but the current state of lending is around 8% so there is no cash flow to be had? Am I missing something?Is tha...
Leonardo Eguizabal
Section 8, Lower price home to rent.
Hearing out all advice and tips on starting out and getting my first property
Gp G.
depreciation taxes mortgage interest lowering tax return
Depreciation(almost 35% of income), taxes(almost 35% of income), mortgage interest(almost 40% of income) lowering tax return this year taking my business income to negative value. Last year also it lowered to much mor...
Ryan Herting
Kitchens - Creating Greater Value at Lower Costs
Hey BP Family,
I noticed that many investors inquire on ways to cut costs in kitchens, but sometimes by doing this, they miss out on the best ways to add value to a kitchen that is not expensive.
Here's a list ...
Tim Phillips
Lower level apartment unit and exits required.
I have a building that use to have a lower unit for rent by the previous owner, which has just been storage for a while. I would like to fix it back up and rent it out again. It is a small unit with 1 bedroom/bath loc...
Jeffrey Valancy
Fha streamline: escrow cashout or lower monthly?
I am looking into a fee fha streamline options. I currently have 5% interest and pay 1758 per month. I'm working with two lenders, one says he can get me 4.5% and a check for my escrow balance of 4000. The new monthly...
Eric P.
Rate lock expired.. rates much lower now.
We're in the middle of purchasing our first rental. The process is taking longer than expected which is okay. Our rate lock is expiring, and our mortgage broker sent us documents to sign to re-lock the rate. We did...