Hi everyone,Thanks for reading my first post. My husband and I own two properties in Grand Rapids, MI. We paid off the house that we live in several years ago. We bought another house that is 400k and we owe about 19...
Hello,
I’m a 27y Leo, Life path 8, USAF vet, current Real Estate student with a construction background. I’m the Jane of All trades type you can put me in any situation and I will excel the question is happ...
Hi fellow investors - Closed this week on an 8 unit apartment in Knoxville, TN - actually 2 identical 4-plexes located adjacent to each other. Luckily the two buildings are on separate parcels, which allowed me to ge...
I’m feeling a little down because a deal I was working on fell through. Someone came in with a much higher offer, which was surprising since the ARV was $251K, and the house needed significant rehab. Even though I’m s...
Hello all, as we near 100% occupancy (YAY!), we are hoping to see some regular income from the fruits of our labor! Currently the management company is collecting rents, building an emergency expense fund, paying them...
Hey, I'm working on a spreadsheet and I'm wondering:
Does the Net Operating Income include deducting the costs for the "big items" that happen every so often, like roofs, parking lots, etc? I mean, if I set aside 3...
Hello Bigger Pockets! I had a mobile home park come up for sale recently in my area, and would really appreciate some advice as I evaluate. I'm a fairly new real estate investor, with no experience in MHP's. I've b...
Perhaps a savvy finance expert can help me figure this out. My wife and I have an fha loan on a house we bought two years ago today. We want to rent it out and buy another as a primary residence. We can't get a second...
Bought my condo 2.5 years ago on east side of Oahu.
Original loan amount $379000
Interest rate 3.75% no money down or PMI 5/5 arm
Current balance is $360000 roughly
My tenant currently pays $1900 a month which...
My rental portfolio is made up of duplexes and SFHs. I began this year trying to look at and educate myself about commercial multifamily. I watched a property go on the market then close and the closing price was ar...