Account Closed
New to raising $ side of REI. Anyones 2cents welcome & appreciated!
Bigger pockets mentors, I am looking for your take on my situation and what strategies you suggest I explore further. I have read forum after forum, Blog after blog and decided to get some of these wise answers specif...
Wade Luhman
Long Term Rental Property Refinancing Frequency
What is a good general strategy for thinking about when to refi a rental property to pull out equity that you can use to continue to scale your business? Are you doing it based on time and the current financial produc...
Roberto Santana
Paying mortgage monthly or bi-weekly?
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
Matt Powell
BRRRR Strategy - I don't get it.. what am I missing?
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Michael Landrum
The Snowball- Strategic and Smart or Stupid and Slow?
I am very new to the real estate world, but I have been consuming anything and every bit of content I can get my hands on. At this point, with a pretty good awareness of my (tiny) local market, I know with certainty t...
Julie Marquez
Neighbors sewer line is on my property, what can I do?
I just had a sewer backup at my backyard cottage the other night, but our house was just fine. Come to find out that the side sewer line picks up the cottage, my neighbors house, then our house as it makes it way to t...
Russell Brazil
What Markets Are the Best & Worst Positioned For Coronavirus?
What markets do you think are in the best position? What markets do you think are in the worst position? Why?
Melaines Gil
How to approach a motivated seller
Hello,I have been studying creative real estate for a couple of months now and would like to take a step further. My boyfriend's aunt wants to sell her house in PA, because her tenant does not pay the rent. The aunt l...
Bryan P.
50% rule and Refi
Obviously a wise person would put away 6 months to 1 year of operating expenses for any property. Assuming that one did this, when following the 50% rule, is the property then labeled "self-sufficient?"
If this is t...
Matt McConnell
Newbie starting out in Kansas
Hello all,
My name is Matt and I am not actually in Kansas. I know that sounds strange given the thread title. I say this because my family is in Kansas and it is where I would like to set up shop. I am actua...