MIke Brady
Overwhelmed First-Time Landlord Seeking Advice
Hi everyone,
I converted my former primary residence into a rental property. Financially, it's been a sound decision, but mentally, it's taking a toll on me. I constantly feel like I'm 'on call'. Even though my tenan...
Steve Bell
Taking a cash out refi advice for a rookie
My partner and I recently bought and rehabbed and furnished our 1st STR. Had my real estate agent come by to take a look at the finished project and got her unofficial opinion about the value of our new vacation renta...
Elbert O.
Kitchen/Bathrooms or A/C?
I have a 4 unit multifamily in Chicago and would like to upgrade the vacant unit. The unit is large (1750 sq ft) and is a 3bd/1.5 bath, but the building is old and the units don’t have a/c or dishwasher. PM thinks i...
Martin Forde
Experienced Investor Dives into Wholesaling in LA: Strategy Insights Requested
Hello Biggerpockets,
I’m a moderately experienced and networked real estate investor looking to start exploring the wholesaling niche here in LA.
Looking for a gut check of my strategy, and to speak with anyone purs...
Mary White
Accountant says, "I'm screwed on taxes for the BRRRR I did..."
In 2017 I purchased a foreclosed 4-plex to do a BRRRR. We cashed out a state retirement account from a previous job, used cash and also partial 1031 money for the all cash purchase. In March of 2018, I got a loan on t...
Lloyd Segal
Economic Update (Monday, July 27, 2020)
Economic Update
(Monday, July 27, 2020)
This week is a good week for real estate investors (particularly if you have a house for sale). Existing houses sales are up, new home sales are up, inventories are down...
John Dersoe
Pay off mortgage or invest?
I am in process of selling in NY. After mtg paid, commission, taxes, cap gains, etc.. I'll have +/-425k left over. My new 30yr mortgage in Tampa is 1600 a month. 324k total. My monthly income is around 8k.. BUT, my bi...
Sue Loomans
HUD house w/ accepted offer vandalized
Made an offer on a HUD house in Milwaukee yesterday and it was accepted today. Went to see it again this evening and noticed that the AC compressor has been stolen along with interior copper. It was all intact yester...
Amy Thatcher
Refinancing a mortgage held in another's name.
My father purchased a home with a mortgage in 2005 (I had recently divorced and my finances would not enable me to secure the mortgage). He then added me via a quitclaim with Joint Survivorship. Since that time I hav...
Hark Tukay
Ghosted by PM in Memphis
I have a turnkey property in Memphis and the management company, which is large, does not respond to emails, phone calls or voicemail. It was so bad that I decided to change management companies. In the meantime, they...