Mark Docter
How to start? How to finish strong?
Hello BP. Looking for any info on how to get started with something small, doing some of the work myself and going from there. Any advice for a first timer would be much appreciated.Goal to have 10 good rentals in 10 ...
Jack B.
More cash flow or more appreciation, which would you choose?
Though the title doesn't allow enough space to fully type out a bit more detail, it's not quite as simple as picking cash flow over appreciation. Consider these two scenarios and their risks and issues.Two scenarios i...
Guy Cardinale
Looking for advice for a first time investor
Hello everybody!
Excited to join a great community here at BiggerPockets!
I am currently halfway through the "How to Invest in Real Estate" book and want to ask you all some advice.
What recommendations would you...
Derek Lamonde
Cash on cash concept
Hi All,Typically, my primary focus is the Cap rate and appreciation potential because I've been all cash on previous deals. However, more and more I'm leaning toward financing given the current interest rates. This "c...
Diandre Pierce
I have 5 houses renting, what's next
I have 5 houses renting and I am curious on what is next. I can save $9,000 a month and I am thinking of scaling but I am unsure how. or even to what. mobile home parks? apartment complexes? triple end lease. My goal ...
Roger Mace
Should you refinance a DSCR?
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
Thergam Alshara
Deciding whether to talk to a small community bank or accountant
Hey guys,In the process of creating An LLC for my company. Wanted to know if the next action step should be talking to lenders about my financial situation or getting an accountant to set up the foundation for our com...
Julius Kerschinske
Refi & HELOC Question
My former residence (a condo) has the following monthly financials:$55.00 Tax - County (until Jan 1, 2018, then $133)$39.58 Insurance$74.32 PMI3.375% APRGreenville, SC 29615I purchased it for $82,500 in Oct 2012. The ...
Yameen Salahuddin
Obtaining loan for investement properties
Can someone give this newbie a quick and dirty idea of what lenders look for when I go to qualify for a loan for an investment property? Do I need to have a specific property selected before going to a lender?
I've ...
Michael Barger
50% Rule Clarification
I just want to make sure I have an understanding of the 50% rule.
8% Vacancies
6% Insurance
11% Taxes
11% Maintenance/Utilities
6% Management
8% Major Projects
With the remaining 50%, you subtract the mortgage paym...