Cameron Philgreen
Where do you store your security deposits for growth
Random question! It's just recently occurred to me that I'm regularly holding $10k+ in security deposits. I'm sure many of you are holding $50k, $100k or $200k in security deposits. What would be a good place to pu...
Ryan Scully
New Member from SE Michigan
Hey everyone, my name is Ryan. I am from SE Michigan (live and work between Flint and Detroit). From 2012 to 2018 I purchased and sold 6 live-in flips. I bought the dirtiest, ugliest house on a nice street and work...
Chris Rogers
Getting Financing with my corporate job vs Property Manager job
I'm thinking of going part time with my current corporate job and starting a property management company. I currently own a legal duplex and plan on expanding my real estate investment portfolio. A key component is be...
Jeff G.
Bird Dog: Light Industrial FSBO Question
Hello BP Family,I periodically bird dog in my area for SFR and Multifamily homes. I was out driving around and spotted a light industrial building with a FSBO sign. I was surprised. It never occurred to me that this w...
James Devereaux
Property Management Fees
Hi Bigger Pockets! I have been a member of this awesome community for several years now (at least a year before I embarked upon my first real estate deal ~4 years ago) & have learned so much! This is my first time...
Ryan D
Truth in Equity - HELOCs
Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...
Brian H.
Question about "extras" on rental properties.
Hey all,I am new to this landlording bit. Something I have wondered is how you determine how much more to charge in rent for extras on rental properties. For example, I am up in the mountains of NC. It isn't SUPER ...
Sixto Velasco
Understanding hold vs sell vs payoff early?
I have a property I purchased for $100k with $3500 down payment in 2014. It is generating approximately $250 in positive cash flow every month. Today it Is worth approximately $150k-$165k. I’ve been paying an addition...
Cindy Joseph
First time land lord- need advice on rent/income ratio and let fee
I have a middle aged guy with a disabled son (wheelchair) who wants to move in our unit. Rent is 1900 and his gross monthly is 4000. He does have 100k in the bank. Would you consider this remnant? I’m in Melbourne FL ...
Asma A.
15 year vs 30 year on 96K rental income
Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage. Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr, 3.85 on 30 yrMont...