Daniel Karbownik
Buying a property with existing tenants
I just got my first rental under contract, and it's a no-money down deal! (I will post about this separately). The rental currently has tenants in place that are on a month to month lease. I know there are a lot of ...
Karma Senge
Terrified Investor
Years ago I used to do hundreds of real estate deals (all SFH) and was perfectly at ease doing so. Now that I am just getting into the multi-family / commercial arena I feel I am absolutely terrified. I find myself...
Alan Taylor
Strategies for pulling out equity in Northern Virginia?
Current position: We bought a house in Manassas, Virginia in 2019 for $290k (single family split-level 3/2 [can be 4/3 once the basement is finished] on 1 acre) -- we bought it as a project house, with a plan to live ...
Thomas Knight
Depreciation questions that are stumping me
1. If you have started depreciating your property (which is based on the asset value not on the land) and you say, get it reappraised or you refinance it do you start the depreciation process over at the new adjusted ...
Liam Bartlett
Do I only need to repay interest for loan if secured by property?
Hey everyone :) I'm new to BP so sorry for stupid questionsSo I'm 16 and want to start my research into real estate investing, and right now I'm looking into funding an investment. My dad told me the if you get a loan...
Warren Bright
My First Apartment - A Journey
Hello everyone!In this thread you can expect to find my real estate journey to purchasing my first apartment, how I go about it and of course the story behind my interest in real estate.Let me start off by thanking ev...
Edgar Z Whelan
Increasing Rents Currently Below Market
I have multiple rental properties way below market rents. Some perhaps 30% to 50% below.Since I do not have any mortgages I have ignored raising the rents for years. So my question is how to raise the rents to market...
Raj Gandhi
The Story of my First Time
@Padma Mody asked this question offline but maybe the story is good enough to broadcast on the greater forum.When I began searching for rentals, I was looking at 3-4BR properties within my school district because I th...
Richard Huynh
Newbie Buy / Hold Investor looking for advice on first deals
Hello everyone,I would like to get your input on my first buy and hold.I just purchased my first home and was wondering if you can kinda evaluate my strategy and if I am heading in the right direction. My areas averag...
Alec Anderson
How to calculate rate with sellers terms?
2 duplexes for 162k Zillow estimates they are worth 84k and 85k eachThey are both mostly brick, identical, and right next door to each other. All units 2br 1ba.One roof has a leak, so it needs repair or possible repla...