Hello everyone, I'm currently looking into buying a property with my father as an investor for the DP and Closing Costs. At the moment we are getting close to closing on a home that costs $370k~ with 25% down. At the ...
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Hello,I purchased a duplex for $75k and it rents for $1,375. The property is professionally managed and rents are rising in the area. Next year we will be able to reach $1,500 to $1,600 in rents. A new opportunity has...
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I'm financially stable with good income, low debt, and good credit score. I'm in my upper 50s and would like to retire in 8-10 years with $3000 in passive income from RE investments. I have about $250k available thro...
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Hello BiggerPockets!I am curious to know what everyone is spending on turn cost for their Class C rentals on average? This tenant base overall can be fairly rough. I’ve gone way better at tenant proofing stuff to re...
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The tenants who have lived 16+ years at one of our units are moving out. The stove, range hood, and fridge were purchased by the previous landlord but are definitely 16+ years old. We are trying to buy a new set befor...
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One thing I've been trying to do yearly is predict my local market (DC/Baltimore). Even when you are wrong, I always think it's a good exercise to figure out how to think about your local market (where your blind spot...
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Isn’t owning a MHP where you own the mobile homes and lease them out just the same as owning an apartment complex but with the greater problems of maintenance, low end tenants, etc.? Isn’t the advantage of MHP owners...
Hi, I’m living in Australia on a temporary visa which will be changed to permanent in 2 years. for a 300k prop I wanna buy, I have to pay 30k more than other people as stamp duty because I’m on a temporary visa. but t...
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Happy Fall BP Gang,
Due to numerous circumstances, I think a BRRRR house hack is a great strategy for me to implement for REI debut. My question though is if I am able to get out of my FHA loan through a refinance a...
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for some reason I can't go back and edit the post title... Hi all,
I just met with a real estate broker and they let me know that in Washington the buyer is technically responsible for paying the buyers broker commis...