I received a letter in the mail today indicating that my tenants have filed for chapter 13 bankruptcy. The one year lease ends at the end of April but in previous discussions with tenants they indicated that they woul...
We've currently got a 25-unit property under contract. We are just wrapping up the due diligence period, and everything looks great. Low vacancy, below-market rents, very little deferred maintenance, and in a desirabl...
I'm evaluating how much longer I want to stay working and I have a portfolio of several rentals which will, in part, fund my retirement. If I continued to make the same amount at my job and rents stay the same, I wou...
We are having a lot of success using a commercial lender to convert SFR equity into a LOC. We then buy deals with "cash" and term out the debt. Basically, it's the BRRRR process. However, I think we have the deal fl...
Hi all!So I actually joined BiggerPockets last year but have yet to really become active in the community and I am now looking to change that. My wife and I have stumbled across two properties that we really want to i...
Hello BP, I have four rental properties and two of them are paid off and the other two I have a couple more years before being paid off. Im just starting investing so my resources are limited I don't have a private i...
My dad sent me this article today: https://www.bloomberg.com/opinion/articles/2019-11-04/millennials-should-be-happy-they-are-stuck-rentingWhich one of you wrote this?!
I've come to a fork in the road and I need some guidance!!
I currently have a lot of personal debt and my goal is to become a full time buy and hold investor. I don't know if I should aggressively pay down m...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Richmond.
Purchase price: $85,000
Cash invested: $25,000
Fully rented duplex in northern Richmond, VA which I purchased fo...
Appreciation is not the most tangible or stable factor in real estate investing. Its effects are varied throughout the different markets around the country and it is less concrete than cash-flow. There are arguments...