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...
Hi all,I am a little curious what veteran STR people think about the current market- specifically, VACATION ONLY MARKETS. By vacation only markets, I mean places where basically nobody is moving for a primary residenc...
Helping those who are starting out.
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...
Hello, I met someone yesterday who recommended I post on these forums to get some valuable feedback from this community - many thanks in advance. Going to condense the story as much as possible so it's not horribly TL...
Hi BP,So I'm planning on buying my first home around the end of the year and I would like to allow my girlfriend to live with me. We have been going out for about 6 months and I was wondering if I should create a rent...
Hello all, I am looking for your input on managing this tenant. He is very high maintenance and I am at my limit. I am not perfect, so maybe it's me... Regardless, please feel free to share your constructive feedback....
I recently (...like an hour ago :mrgreen: ) went through this thread exploring the old argument between the cash flow guys and the appreciation guys.More specifically MikeOH and Nationwidepi (Mike and will) and off co...
Hello BiggerPockets!I stumbled upon the Morris Invest Case Study by @Ian E. and am now inspired to document my current investment with the company. This is kind of a long post, but I hope you stay with me. Clayton Mor...
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...