Hello BP,
I'm in the middle of a BRRR duplex project in San Diego. It is an identical looking duplex with approximately 720square feet each and 2 bedroom 1 bathroom. Right now, I am faced with a dilemma. Should I tur...
I have read many different perspectives on the deposit that landlords ask renters to pay before moving in. What is a fair amount to ask the renter to pay? I would like to get the equivalent of the monthly rent as a ...
Hello,
I'm a new member and avid reader/listener of biggerpockets.
I recently came across what seems to be a great deal for my first BRRRR property.
I have contacted a few hard money lenders and after doing the mat...
Hey BP, I recently closed on an investment property where I inherited tenants.One of the tenants tells me that he can only pay every 2nd Wednesday of the month, because that’s when the VA pays him.He’s current lease s...
Residential interest rates have risen about .5% since the election. Now I've noticed they are up about .25% on commercial/apartment loans as well. http://www.crefcoa.com/apartment-rates-main.htmlThe strong stock marke...
Hi!I found this great little deal of an apartment building in a major metro area. I figure the units are renting for $2300 each (it's in my neighborhood), down the street from me). Building's cap rate is 4% which is t...
Hey everyone! My wife and I are planning to purchase a cabin in Big Bear, CA and use it as a STR on Airbnb and a vacation home. Would it be smart to use the extra cash flow after paying the mortgage to go to the princ...
My friend who used to work at a mortgage company recommended I pay mortgage twice a week, with half of what a monthly mortgage payment would have been. So instead of paying $1000 a month, we pay $500 every two weeks. ...
Can anyone point me towards an online calculator that will show how much sooner we would pay off our mortgage if we divided our monthly repayment amount by two and paid that amount (half of a monthly amount) every two...
This is my second brrrr, assuming it works out. I bought this house for 84k "cash"- personal loan.The problem is ARV, I've gotten different realtor opinions, but prices in my area have shot up in the last 2 years due ...