Kay March
Electric car fire risk in rental housing
After reading reports of serious, damaging fires caused by electric car batteries, I'm considering disqualifying potential tenants who have electric cars and putting a clause in my lease prohibiting electric cars and ...
Ron Singh
Impact on mortgage rates Federal Reserve cuts rates to zero
With federal cutting the rates to zero, what to expect on high balance mortgages (loan amount above 500k since its pretty common in bay area). what interest rate to expect to refinance and new home mortgages ? (cons...
Geoffrey Schnake
too much cap ex $ laying around
Every month I put 10% of all rents collected in a reserve account for cap ex. I don't expect any major system expenses in the next few years, as most of my doors were total rehabs after I purchased them. I have ample ...
Thomas Clinch
New member and investor from Austin, TX
Hello Y'all! TJ Clinch from Austin, TX here. Moved to Austin from Houston 8 years ago and got started in real estate as a Realtor about 5 years ago. My wife introduced me to BiggerPockets and after listening to sev...
Nathan Cox
Unique BRRR Situation
I have a question about a negative cash flow BRRR, a year into the deal. I have a unique situation as I have lived rent free most of my working years, at a boarding school that provides housing. I decided that I wante...
Jerry Santiago
Interest rate points
Hello, my name is Jerry Santiago and I am active duty Air Force. I am a real estate investor in Rapid City, South Dakota. I am in the process of house hacking a new property (single family home) that it’s currently in...
Tyler Henry
Adding a walkout basement/egress door
I'm thinking about having a walk out entry installed for my basement. It's pretty much a studio apt down there and I don't use it for anything other than a small gym tucked behind the utility systems and laundry area....
Shawn Ziegaus
Issues arise with rental
This question is a pretty vague one so please feel free to ask more questions if there is any confusion on what I’m asking. But I am looking to get into rental properties and am curious what do you do if you have very...
Challenor Jack
Making an offer on a foreclosed property
Hello BP family I am in the process of making an offer on a Chicago SF home 3 beds 3 bath. It is listed at 140k and in need of approximately 15K work. The properties in the area are within the 190 to 240k range. My qu...
Erik Pilon
Does all cash always trump a mortgage?
I’m on the fence.For rental properties, some books and podcasts say get as many properties as you can with as many mortgages as you can with $X. Others suggest to take the same amount of $X and purchase with all cash....