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I'm trying to decide if I want to do a 30 year vs a 15 year mortgage on my rental houses. Obviously if I do a 30 year I will produce more cash flow. Can anybody give me some pros and cons on this? These are in my pers...
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Hello all, I'm looking to pick up a rental property and am weighing the options between using a HELOC or a cash-out refinance of my primary residence and looking for experienced opinions.
I just did a cash-out refi i...
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Hey everyone. New landlord here of just under a week with a 2 family home. Inherited seemingly good tenants on the first floor unit and the second floor is vacant for now. I’m in the middle of the process with my real...
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Hello All,Hope all s well with market cooling down. Started as newbie last year and have 20+ properties and I thought I had seen everything with break in, squatter, eviction, etc.. but of course not! I have a tenant i...
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Hello bigger pocket family,
I was curious on a particular topic on rent. Lets say that i have a single family home or an apartments unit and the rent was set on a set price, lets say $1200/month for a tenant. Then, t...
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I'm looking for a real estate agent to who will show me a house once I run the numbers and they look within my acceptable range. The two that I reached out to wanted me to sign a buyer agency agreement that basically ...
My wife and I will be renting out a house we own (first-time landlords). It's a small ranch house with a ~5.5ft high crawlspace. The crawlspace gives easy access to plumbing and house wiring, but its ceiling is low an...
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I am new to Bigger Pockets and would like to learn wholesaling real estate, either single family or multifamily properties.
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Hey everyone,
What is your opinion on EMD? It is holding me back from proceeding because of lack of money to lock in contracts. I do try to get those 1-2% down, but what advice do you have for either avoiding EMD, or...
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To qualify as an RE Pro you must:
1. Spend more than half of your total working hours in an RE business in which you materially participate.
2. You must work at least 750 hours per year in a qualified RE business....