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We have a balloon payment due in 15 years on our mortgage. Can I make an extra payment towards the principal balance every month and essentially pay the balloon off? I know you can refinance but I would rather make e...
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My wife and I have purchased two rental properties (a tri plex and a duplex) in the last several months. For these first two we used savings for the down payments. Our long term goal is to have a portfolio of cash f...
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When looking for on-market deals, what's your favorite site to track your options & analyze? I preferred Redfin when looking for my primary residence, but I'm using it differently now and I was wondering if there'...
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Hi all! I’m relatively new at this, have been doing tons of learning and saving and am getting myself ready for my first deal. Going all-in and committing to REI so my question is: about how long does it take to study...
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I have been doing a lot of searches on the BP forum about appliances for rental properties. I am really surprised to see that some landlords do not provide appliances. I am located in New Hampshire and I have never re...
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I purchased a number of adjoining properties mid last year. This unit came tenant in place on their first year lease. My first lease renewal of 2016 comes up next month and PM suggested a 9+% rent increase. I was very...
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Does ceiling fans/ light combo increase the rent rate or not?I just purchased a house that had nice lighting in the bedrooms, but was not ceiling fans. I know ceiling fans are just something extra for tennis to break,...
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hey guys, my name is scott from lancaster PA. I'm a new guy, my first property isn't even ready to advertise yet but I'm trying to nail down what I want my policy to be, right now pet policy. I'd like to allow pets, b...
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Hello everyone!When my wife and I closed on our new fourplex we knew there were several issues we had to take care of with the township. One of them is that the plumbing for the in unit washers may not be vented prope...
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Hi Everybody,I currently have a house in Los Angeles, I owe 250K right now. My house appraises around 400K. I am not happy in this community since the school districts are really bad and i had a few brake ins.I have a...