What mistakes do most people make when they buy their first rental property. How should I get started?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1631750/small_1621514318-avatar-humbertop6.jpg?twic=v1/output=image&v=2)
I was pre-approved for a loan, 2 days before closing underwriting denied me. They requested me to put more down, but down my interest and pay an initiation fee. Is it worth it or should i just take the loss and loose ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1002311/small_1621507195-avatar-gregk75.jpg?twic=v1/output=image&v=2)
I know it's quite common that when the owner of a property gives you full permission to negotiate on their behalf, you might find yourself in contact with some person, who is in turn, representing the interests of a m...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/153120/small_1621419779-avatar-megk.jpg?twic=v1/output=image&v=2)
Quick Question: I have a duplex that i have been renting out for the last 2 years. Purchased in 2003 for $90k (more than market value). I lived in one until until 2016 and I refinanced in 2014 to 15 yrs at 3.75% inter...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/172138/small_1621421374-avatar-malikroley.jpg?twic=v1/output=image&v=2)
I am currently in the learning and research phase of REI and I was wondering which option would be more prudent. I plan on buying either a multifamily or a SFH (to live then rent) later on this year and I hope to u...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/276635/small_1694822979-avatar-brucen.jpg?twic=v1/output=image&v=2)
I've been a landlord in college town for 10 years now with 5 different properties and do all the property management. Additionally I'm super handy and can fix most any problem which makes my rentals that much more pr...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/411879/small_1694654503-avatar-rohg.jpg?twic=v1/output=image&v=2)
if a realtor came to know that property at address 'x' may come in market from some casual gossip/talk, the realtor search on google and find the name and contact number of owner and then texts to owner that I am a r...
Hey everyone,
I’m looking for advice on an issue I’m facing with my rental properties. Recently, my property taxes and insurance costs have increased significantly, turning what was once positive cash flow into negat...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/174128/small_1621421629-avatar-ameliadetonated.jpg?twic=v1/output=image&v=2)
Hello! I am diving headfirst into this deal here, because the house looks stupendous - it's on a big lot, it's CHEAP, it's in my area, and I'm very interested. BUT, it's up for online auction. Now, I'm not sure wha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1075398/small_1621508486-avatar-marioly.jpg?twic=v1/output=image&v=2)
Hi BP community! I'm in the early phase of finishing a basement in my duplex. I househack and I'm used to some dyi, so I'll probably do a good amount of it myself to save some money and get some experience. Right now,...