Edita D.
OUT-OF-STATE investing: 15% rent increase and PM hiring once we close OR manage ourselves?
Hey guys!
We are purchasing a 3-br SFR out-of-state (NOT a turn-key), and current tenant, being on a month-to-month basis, wants to stay until his house is built in 5 months.
His current rent is 15% ...
Kelly Olson
STR ROI IN BRYSON CITY, NC
I am looking to invest in STR properties in Bryson City, NC area, I came across a deal and the ROI would be 12.6%. The seller is grossed $69,200 and is asking 549,000. Is 12.6 ROI a decent deal? They seem pretty set o...
Aaron Sardinha
Cash out refi or line of credit?
Looking to use the equity in our 7 unit to build our portfolio. We own it free and clear. It’s located near Bangor Maine. I believe it’s worth between 250-300K. Looking to get between 150-200K. Would it be bett...
Robert DuBois
In escrow on my first purchase – seeking council
Hi everyone,
I'm in contract to buy an 80-year-old $790k home in Santa Cruz, CA (listing was $90k over this). Property has an un-permitted ADU. I plan to rent both units. This would be my first property. I'm looking...
Jonah Kubath
Refinance Personal Home for First Rental property
I have owned my home for 2 years now. I have roughly 140k in equity and I am looking to do a cash-out refinance. The cash will be used to start the BRRR method. I am looking at houses around 200-300k and then renov...
Art Martinez
Construct loans in CA
Hello everyone, we have decided to dip our toes in short term rentals in CA. I currently own two properties, one of them is cash flowing nicely in Arizona.
We live in Nevada and want to build a short term rental in ...
Justin Johnston
Should I refinance my condo?
I have a condo I rent out that has great success with staying occupied I've had a zero percent vacancy rate on it since moving out and converting it to a rental three years ago. I bought it with 5% down as it was orig...
Lisa Pond
Need advice on MTR potential in North County!
Hi all!I have been researching the San Diego market and would love your advice on my situation / dilemma. I'm going to give you a bit of context on what I already know below so you can weigh in most efficiently. Tha...
Cal Ewing
Houston Rehab Projects
I am just wondering how other BP members feel about committing to a buy, fix and sell strategy right now in Houston with oil prices as low as they are? Do you feel that there is a significant risk of property values d...
Padric Lynch
Primary Home ---> Rental!
BP!I had purchase this town-home in April 2018, located in Havelock, NC. I previously posted about the purchase on the following forum link: https://www.biggerpockets.com/forums/522/topics/546300-first-investment-prop...