Dear wise real estate investors,I am small time. Just own one rental property (outright), which is worth about $160k. I am wondering if I should take out a mortgage on it. Here are my considerations:I will be leavi...
Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
Hi everyone,I have a renter currently that says he is wanting to get a dog for service purposes to treat PTSD. However, he states that he wants to get it as a puppy and put it through training to become a service anim...
Hey 👋 guys, I'm currently under contract on a 6-unit apartment building in the East Valley of the Phoenix MSA and the seller's are willing to carry the debt with 18% down at 6% interest only for 12 months. This is a ...
Hi all,
My Realtor found a great rental that she was going to buy but doesn't want to stretch herself too thin and told me about it. I would be a newbie at this and have no moola. Would it be a good idea to use hard m...
Hi All,My husband and I are in beautiful Oaxaca, Mexico and are currently in the process of buying a home. Here's the details:It's a 3 x 2 home, in a beautiful neighborhood called La Cascada about 15 minutes walking f...
Are you guys not afraid to be in debt for 30 years? All three of my houses I bought on a 15 year loans to avoid being in debt. But all three of them have negative cash flow. One is almost paid off so my plan is to sel...
Hey BP! Im in the stage ofInvesting in my education. I always hear how if you wait for the perfect time to invest, you will never make it happen, which makes perfect sense. However, given that I am a newbie do you thi...
I've been actively using BiggerPockets for over a while, have been educating myself and attending a lot of networking events. All have proved helpful but still feel like I need some additional support. I've met plenty...