I currently own a property that I utilize for short-term rentals. My existing mortgage has an interest rate of 4.5%, and I owe $247,000 remaining on it. I have approximately $100,000 in equity built up. I'm considerin...
Hi Everyone,I'm relatively new to the REI world. I have one rental property now, and I'm looking to acquire another. I could use some experienced insight on my plan.I would like to use the equity in my primary resid...
I know a real estate invstor who has acess to the MLS through a realtors logins. I do not know the arrangment. However was wondering if anyone else has done any creative things with a realtor (besides becoming one) t...
My current tenant is about to move out, and I'm thinking about ways to make the transition to find the next tenant smoother. Some questions:1. One thought I had was to install a keypad lock. I'm a little confused on w...
Hello,
I have a property I purchased for $97,500, with an original appraisal of $100,000. My mortgage payment including (Principal, Taxes and Insurance) is $477. I paid a 20% down payment bringing the mortgage to $7...
Hello everyone! I am finally making my introductory post after listening to the BiggerPockets Podcast for a while and reading a few BP published books. My name is Thomas and I live in the great city of Chicago on the ...
I recently started to look at houses in Philadelphia and I noticed that there are many cheap houses with squatters.Is the process to evict them hard? How long and how much does it take to get rid of them?
If there ...
Where can I find how much appreciation has gone up/down in certain states/cities?
Any sites that will provide me this information? I can not find any that I can trust. I have found some, but I am not sure whether or...
Hello!I am thinking about using a HELOC on my rental property and the company I spoke to said that the minimum LTV they would lend on a HELOC is 80%. Perhaps I am misremembering, but I believe I heard a friend say tha...
I am in the process of buying a property with a 30,000 sq ft lot. I would like to subdivide the lot and possibly turn it into three lots that I can prepare building pads for. I am going to rehab the house that is on...