Let's say someone has an interest only line of credit secured by investment property, and that line has a $100k limit at 5% (using round numbers for easy math).  Bank pays closing costs for the LoC, but borrower is re...

I'm a newbie here that has been interested in investing in real estate for MANY years. I live in the Austin area (Round Rock) and am 43 years old and recently purchased a new home and will be leasing our home out ASAP...

I just got the appraisal report on the first rental property I'm buying and there is a recommendation for the rent that the house should get.  They showed three rental comps and based on those they recommend that I re...

My name is Paul Strauss. I'm a fool-time real estate investor- no, that's not a typo :) and founder of The Windy City Round Table in Chicago.

I say "sort of" from Chicago because I actually no longer claim IL as my ...

Hey everyone! I'm new to REI and am interested in growing wealth and income streams with SFHs and long term rentals.  However, I've recently grown intrigued with Short term rentals in tourist markets as another way to...

I'm wanting to get into STR and will probably start out in my own city/state. However, I would like to expand to more populated areas. What cities and states tend to do well year-round? Advice for choosing states for ...

Hi everyone,I'm currently looking at a duplex that can house up to 8 students in off-campus housing.  My main concern is what happens during the summer months when the students are off from school.  Do they tend to st...

I've been doing research after seeing so many accessory apartments listed as multifamilies in long island. After understanding the nuances and history more, I'm wondering, are there certain towns or hamlets in long is...

Hello people of BiggerPockets!My name is John, I'm from South Pasadena, which is a neighborhood in Los Angeles, CA. I'm a (so far)  non-professional writer and musician. I make a decent living working at a busy restau...

Little back round on the house. My parents thought they wanted to retire in cape cod. They bought a house in Falmouth closer to the mashpee line. Turns out they hate it. They want to move back to be closer to me and m...