Hello Bigger Pockets community,My name is Dan, and I have been an avid listener since late last year, and made my first jump into real estate/STR this year after holding off for some time. I am in a bit of a sticky an...
Guys I need some advice. I am under contract for a 4plex. CoC (taking into account vacancy/cap ex and maintenance) is 16%. It is a class B or C. Schools are 9 and 10s.One out of the 4 units is being renovated and we w...
I am interested in a property that my real estate agent says requires 25% down, since we don't have that I wanted to get a credit union loan for the down payment (owner contract for the rest) but my agent keeps tell...
Garage tenant entered 6 month lease for May into November $850 a month. Lease agreement states security deposit would be used as an unpaid rent if there was early termination.Tenant decides to end lease early making f...
The past few weeks have been a proverbial roller coaster; financially, culturally, economically, and financially. As with any crisis, there are always lessons to be extracted if we can maintain our emotional bystander...
On the property I am buying, there is a mobile home, titled in the name of the PARENTs of my seller. I want to say something like...
Seller forefits any interest he may have in the mobile home situated on the...
I have 7 rental properties and have accrued cash in the bank. Should I pay off the mortgage in a lump sum and put that extra income into paying off principals of others or just pay more on all of the principals and no...
Hello everyone!!!It is great to become part of this community to learn and help others with what I have learned. My name is Erik Oquendo. I am a USAF retiree. I graduated from NYU's real estate program this May'16....
I am struggling with determining how much money to put down on any specific property. I have always heard it’s best to use other peoples money but with higher interest rates would it not be smarter to put a bigger dow...
While we may already be in, (or close to) a technical recession, as of this post we still have a very strong job market in most sectors right now. Supposedly, rental properties hold their value and vacancy is low dur...