Hey, Looking to start a good discussion for new investors. I see a lot of first-time investors told to start with a single-family rental. I find this to be a huge mistake and poor guidance. I believe anyone starting (...
Hello all, My name is Brian Akamine. I'm new to BP. I'd like to introduce myself to the group and also I have a question for advice.First, a little of my background. I'm a former SoCal native 35 years in a city called...
We're really excited, we're under contract for our first door in San Antonio!! We didn't make an all cash offer for this rental property so now we're debating whether we should funnel money at the principle to pay of...
Three years ago I received a free/clear house on 2 lots and some money from family in my home state (currently active duty USAF). I immediately repaired anything wrong, updated the house and rented it. With the remain...
Here is the situation,My wife and I are at a point where we cannot buy/manage any additional properties. We are starting to look into paying off mortgages. The question is should we payoff the ones with the highest ...
I own 1 multifamily property that I purchased/financed on my own. I'm currently in the process of saving up to purchase another similar property (which has been a slow process so far). I've thought about getting tha...
Hi Everyone! Happy Friday (that has different meanings to different people!! :) ) Thought I would post a thought provoking post to solicit a lot of response ... let me know what you think!For those of you who have re...
If you were going to put cash flow money from your rentals back into the investment properties to pay them off faster, would you:1.) Pay off one mortgage, and then the next, and then the next, ect...2.) Put the positi...
Hello Bigger Pockets Members!On the west coast we have a fantastic website called www.foreclosureradar.com.It basically scrapes Notice of Default and Notice of Trustee Sale foreclosure information off county websites ...
Hello,I am on the fence whether to refinance to 15 year mortgage or go with HELOC option.I currently have a 30 year Mortgage loan at 3.5 rate of interest on my owner occupied triplex that I bought less than 3 years ag...