Chris Meunier
Pros/Cons to paying off rental property early
Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
Brandon Turner
Making Money on Deals that Most Investors Throw In the Trash
Hey folks,
Today on the BiggerPockets Podcast we are excited to bring you an interview with @Grant Kemp and he shares his strategy for buying over a dozen homes a month ... most of which require little-to-n...
Brie Schmidt
HELOC payoff strategy
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...
Loren Thomas
Ask me your electrical questions!
I've been an electrician in Washington (the real one..) for 10 years, residential, commercial, and industrial. I've learned a ton from BP so this is me trying to give back with knowledge of something I know very well....
Diane G.
I want to wait for the next buying opportunity
I am thinking I won't have to wait for more than 1-2 years... Your thoughts?Most of my coworkers, especially those in the early 30s, have bought and have a mortgage that is $10K in monthly PITI... Tough.....Any job lo...
Chris Gawlik
Whats it like to invest in C or D class properties?
I think with the economy the way its headed there is going to be a need for more affordable housing.
Wanted to hear from those of you who are successful in the C and D class property niche. How many properties do y...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
David Gellner
Quickbooks Tutorials for Landlords?
Hi everyone,
I've searched biggerpockets and couldn't find many recommendations for tutorials on how to setup quickbooks for rental properties.
Google and YouTube tend to show either short clips or irrelevant info...
Shiloh Lundahl
Is BUYING in a GOOD SCHOOL DISTRICT even that important anymore?
The reason for this post is because I often read other investors post about looking for a property in an area where they have good schools. We did that. We bought a home in Burbank, California, a very expensive suburb...
Eric Don
Deal 1: Self Storage Facility - Learn with me & offer support
First thing's first, I was laid off from my job and thinking of creative ways to support myself and escape the matrix. I have $400k in accessible cash looking to deploy towards real estate. I made another post and con...