Hello,
Long time lurker first post. Currently I live in Upstate NY(East of Albany) not far from the Vermont/Mass border.  Looking into buying my first rental property and I was wondering which state would be the most...

Hello all, I’m working on purchasing my first rental and wanted to know what interest rates others were possibly getting during this time in the market. Don’t really feel mine is being justified at 4.75%. It is my fir...

Hi everyone,My partner and I bought our first property last year under an LLC. We deferred our tax filing this year (both LLC and personal) because we weren’t ready in time, and are using a new accountant.We just rece...

I have looked at several deals on Loopnet many of which are assumable loans as a possibility. Many of these look attractive for the first 5 years of the note but then will have a very possible negative outcome dependi...

Hello BP!

I'm closing next week on a property that has 2 long term tenants (since March 2009). One of the tenants are older (65+). They treat and act like it's their house. Any tips on how to formally introduce my...

Property listing price is 117,600
Property tax : 750 yearly
Insurance is 300 a year
I did 10% repairs of monthly rent
10% for cap expenditures of Monthly rent

Rent 1000
Vacancy is 10%

Hello,Does anyone have experience using a HELOC to pay down a mortgage?  I recently heard about this strategy and I'm intrigued.  I don't understand how this is more beneficial than just paying more towards the princi...

Hello all,I am currently trying to figure out if I should cash out refi and buy another house in cash, or save up and acquire another house with a mortgage. My strategy is to buy houses that need work (so its below ma...

Hello BiggerPockets!I have never invested in real estate before, but am looking to jump headfirst into it.  I recently moved to the Toledo, Ohio area after getting married.  I had worked in corporate finance/accountin...

I’m looking to achieve my first BRRRR this year.In order to do so I will be buying the home with 25% down using my own cash and using private money and opening up credit cards to help with the rehab.The credit cards a...