Price Steven Burge
First property! Sketchy town vs great cash flow
Im looking for advice of really what to even expect with buying property that's inside/ on the edge, of a bad neighborhood. Most of these fall under 20000 and need so minor to medium repairs but with how long some of ...
Derek Brickley
What Impacts My Mortgage Terms?
This article is from an interview we did to address which factors can impact a buyer’s mortgage terms.
- Can you outline what factors of a buyer’s financial profile can influence their mortgage terms?
Almost every...
Jil Tin
Rent vs Sale of current home at our 50s while 12 yrs to Retire
Hello BiggerPockets,Basically we are looking to upgrade our current home to buy a single story home from current two story home of the same size in the same city san Jose. We are aged 55 and 50, we expect to work at l...
Miss Liz
Greetings from San Diego. Buy now or wait until the recession?
Hello,I am a new member and fairly new to BP. I live in San Diego, California and am wondering the following:Should I try to get a duplex now (live in one unit and rent the other) using an FHA with 3.5% down , or shou...
Ciprian L.
Average tenant stay and turnover cost in Indianapolis
Are the majority of tenants from Indy staying in a property for 12 to 18 months, destroying the property and then moving to the next remodeled property? Or is it just my luck? One of my tenants left on December 31, af...
Carlos Silva
Need some advice!! Should I retire?
Need some advise. I have 3 rental properties. Two duplex and a single family. I am a month away from paying off the single family which I will cash flow $1900 a month and it worth about 375,000.
Total cash flow wi...
Rico See
Closing costs on an investment property loan.
How much in closing costs on an investment property loan should I expect to pay?
I'm closing on a turnkey in Memphis soon.
Katrina P.
Ever get discouraged in REI?
So, 4 rental properties and 1 flip later, I'm getting discouraged. I'm pregnant and sick, and SICK of dealing with tenant issues and contractors. Plus, our flip has been on the market for about 3 weeks now, with no ...
Aaron Kaminer
Sitting On Too Many Renovated Houses
Hello all, We are in the Oklahoma City market (and some surrounding markets) and we are currently sitting on 4 renovated/listed properties. We have never had to hold properties as long as we are now. The problem we fa...
Jonathan Bluth
Expenses for rental properties
I am brand new to real estate and have some questions. - How do I find specific utility costs for my area so I can properly analyze deals? - What utilities are needed? Are these paid by me through the tenants monthly ...