Hi all,Would love your thoughts on this.  The Building is in Los Angeles, CA. Subject to rent control.TLDR: Own an apartment building. Should I spend around $28,000 to get an additional $550 a month in rent (conservat...

Hey BPers -I just listened to the excellent podcast show #327 where @David Greene lays out all of the details of the BRRRR strategy. It is clearly a powerful strategy that has worked well for him and many others but I...

Dear BiggerPockets Community,I'm looking for advice on this.  I'm paying retail price because I found it on the MLS.  I will be seeing this property Wednesday.  Not sure how much wiggle room there is from the seller b...

Do you have any recommendation for a budget/personal finance app?  I am shopping around for an app that gives me a visualization of how my budget is doing.  I would consider paying a small ($5~$20) monthly subscriptio...

Greetings BPers!I own a duplex in Daytona Beach. I've had it for coming up on 4 years now.  Literally the minute I bought it, I've been taken to the proverbial wood shed with this property. One thing after another aft...

Working on a 203k loan to renovate detached garage into MIL. Current rate = 2.89, new rate would be 4%. Cash flow will increase once construction is complete. Cherry on top though is this loan will qualify me for a 25...

BP,

Cash out Refi-ing my first duplex.  Appraisal came in lower than I would have hoped for.  At this point I would only be able to take out about $19K(have about $25K invested in home), going from $1,550/mo paymen...

I have heard owner occupants are preferred for reo's but I know cash is king.

When a bank looks at a conventional vs cash scenario, how close is close enough for cash to win out, even when at a lower price?
...

I’ve got cold feet on putting in my first offer on a small multi family. Triplex $185,000Rents $1,650 (combined)$3,000 rehab neededI have a friend who will loan the down payment at 6% interest only until I can refinan...

Need some advice! 🤷🏻‍♂️Here are the numbers. Purchase price in 2019 was 187kwith an interest rate of 4.75%Current loan amount has 145k left on it.Identical unit below me just sold for 215kIf I cash out refi today. Loa...