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Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
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Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...
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I recently had my first call to interview a potential property manager for my first long-distance investment property and it left me a bit discouraged to learn of the reality of the costs involved.
3-5 weeks to rent ...
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Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
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Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
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More duplexes for sale. More 4 plexes for sale. More properties I’m getting outbid on. My numbers tell me what to bid, but what are these other people’s numbers telling them?!I’m a standard 20% down, 5% interest, 25 y...
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Hello BIggerPockets,
I started this discussion to get some thoughts and opinions on how the Coronavirus might affect the housing market. Mainstream media has been reporting about it nonstop for the last few days, sta...
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Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
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It’s crazy to me how many potential tenants have aggressive breed dogs. I would estimate that a good 25% of the people that contact me any given month about a property have a Pitbull or multiple. They are shocked wh...
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Hi BP!
I am new to BP and I am loving it! I listen to all the podcasts and love reading these posts.
My wife and I are not fans of debt (good or bad). We worked very hard to graduate from college debt free. We are b...