Stepheni Larson
Using Home Equity Loan or 30 Year fixed loan?
Hello BP! I got an offer accepted today for a rental property with a price of 138k. I have my primary residence paid off worth 220k. Should I use a 30 year traditional loan at rate of 4.875% and 4000 closing cost OR h...
Josh Oaten
Advice For Multifamily Market Analysis
Hello All,
I am currently educating myself in the area of ‘how to analyze markets/emerging markets’ and have been doing so for the past month to month and a half. My learning is based around multifamily apartments as...
Frankie Woods
HELOC and LOC freezes
What has been your personal experience with Lines of Credit being frozen? I'm thinking of using combination of LOCs and HELOCs to serve as my reserve funds, but I've been warned several times that this can be risky. ...
Gabriel J.
Financial Reserve: How much to keep aside?
My goal in REI is financial freedom then retirement. I have one property now and am working on a second.But I was curious for those that are working towards financial freedom, how much should I keep in reserve per hou...
Juwan Parker
What to do with my first $25k
Hello all,I am starting out on my journey to financial freedom and REI.I am a recent college grad starting my first real job at the start of 2019 in Birmingham, AL. I have begun reading Scott Trench's Set for Life and...
Matt Friesz
Which funds to use first?
Hello Bp!
I am getting into real estate investing. I have some liquidity and I’m starting to put offers on properties. I've found one that I'm very interested in. It's more than I was thinking I could afford, but I k...
Jamison Kubala
Propane Company Issues
I recently purchased a triplex in Wisconsin that is heated by propane. The tanks are rented from a local company. Recently, we had a tenant call and inform us his unit had no heat. We asked if he checked the tank and ...
Sabrina Savinski
Firing a Property Manager mid-Contract
Looking for advice on how to handle a negative relationship with our property management company. We have been pretty unhappy with their services for the entire time we've been working with them, but they do the bare ...
Oscar Contreras
Saving money and getting started in RE
Hello BiggerPockets, This is essentially my introduction. I am brand new to this and I am trying to learn as much as I can before I get started. A little bit about myself, I am 23 years old, active duty in the militar...
Clint Pearcy
Self-managing and going on vacation
Hello folks,
For those that self manage, what do you do when you go out of cell service? My wife and I are travel junkies, but have not left the country since early 2020 for obvious reasons. Prior to 2020, we had n...