Hank Wolff
What is a "good' ROI for annual rental investment property?
Hi Bigger Pockets! I am an agent, and working with buyers seeking rental investment properties to buy and hold. So much of my market, Vero Beach Florida is starter homes to buy around $250k to rent around $1700/month ...
Anthony Phillips
First Brrrr property breakdown. NEED some advice!!!!
So I just completed my first Brrrr.Purchased house- $235kRehab-15kAppraised value- 325kCurrently rent- $1,950Mortgage- $1,681Cashed out $250,000So I think I did a pretty good job for my first brrrr took a little longe...
Eli Sorey
Equity vs Cashflow - What's Your Stance?
Hey everyone, The title pretty much says it all. This came up in a recent BP podcast. Would you rather build equity in a strongly appreciating market so that you have the option to convert to cashflow later or build c...
Nader Hachem
Are interest rates changing your deal criteria? High prop taxes?
With interest rates rising, looking to purchase a rental property now is more expensive. This results in lower cash flow, and potentially makes what would be a deal 1-2 years ago, into a negative cash flow property no...
Brian Jackson
HML vs. HELOC or HEL
I'm sure this has been asked on the forum previously, but asking again for some fresh perspectives. What would be the advantages/disadvantages of using a HML vs leveraging the equity in my (house-hacked) home?TIA.
Michael Gough
Mortgage Terms for Short Term Rental Properties
I own one short term rental property. I put down 10% and mortgaged the rest over 15 years at 2.875%. If I went with a longer term, like 30 years, that would lower my payment, thus making my property cash flow positi...
Derek Gardner
Where to find best pricing for owner occupy refi on fourplex in Los Angeles 57% down
About to close a deal all cash for $1.46M and was going to get a cash out refi after to take out about $630K in cash. A friend in lending told me I'd get better pricing if I have private lender do a $630K loan, record...
Emily And Eric Erickson
Long term rental property with a passive investor partner
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $226,000
Cash invested: $19,000
3 bedroom, 2 bath house that was an eviction and previous landlord just wanted out....
Joey Gorombey
Commercial Loans to Expand Past Deal 1?
I just finished listening to the latest episode of the Real Estate Rookie Podcast w/ Grace! It got me thinking about how to best expand my position. I move into my first house-hack in two weeks and have 3 units (occup...
Logan Sanford
Discussion- Why Indianapolis?
I would love to hear different perspectives and thoughts on why people are investing in Indianapolis. I have read countless articles, wrote a few blogs, completed some market research, and joined different groups to a...