Joe Mende
BRRR Question on 2-flat
Good evening, everyone. I've recently had an offer accepted and am going through the process now, closing date in early March on a 2-flat located on the Northside of Chicago (Irving Park). I'll be living in one floo...
Pablo Flores
Worth doing a cash out refi if interest rate will be higher?
I have a vacation rental that I owe $370k on with a 3.75 fixed rate. Home is worth 800k now. I am considering doing a cash out refi with 80% LTV at a 5.25 fixed rate investment loan. This would allow me to pull o...
Anne Mccarran
Is it worth renting after two years
I recently rented my house to move in with my elderly mother. Renting added income to retire. After two years I understand for tax purposes I sell it as a rental. Is it worth keeping and renting or should I just sell ...
Pedro Echevarria
Tenants leasing agreement
Hi friends,I’m planning on putting a offer on this multi family house & the first floor tenants are on a month to month lease. The rents around here average $800-$850 (Connecticut). They are currently paying $500 ...
Dax Nollenberger
Down Payment, The Great Mortgage Equalizer
Interest rates have had a substantial impact on the overall affordability of a home. With mortgage rates on the continual rise, it’s time to think creatively about how we can minimize our long-term costs and make our ...
Caleb Rehg
How Much Liability Insurance Should I Get
As of now, I have $300,000 of liability coverage, should I increase this amount?
Dan H.
California extends eviction moratorium through June 30
We have one tenant that we provided reduced rent (reduced to $2k from $2.6k) when impacted by Covid that applied for rental relief many months ago that we have not received a response (and mostly have given up on). T...
Greta Andrews
Attempting to raise money for a triplex that needs repairs
I apologize for the long post to come.
I'm currently under contract for a triplex in my hometown, where I reside. This is not a common occurrence. The seller has own the property for the past 15 years, and has done...
Robert M.
Rent Increases
Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
Breland Almadova
Managing Long Term Rental Property
Aloha Bigger Pockets Fam,My mom and dad have a rental property. It was their first home they bought about 30 years ago now. Lived in it for about 10 years and have been renting it out for about the past 20 years. It s...