Michael Cai
Should I sell my house or rent it out?
I'm moving out of state and trying to decide if I should sell or rent my current home.., my current house built in 1996 is worth about 630k, mortgage balance is 210k on it. monthly payment is 2100 including tax and in...
Princeton Brooks
Advice Needed for First Investment
In my current situation, I'm wondering what I should do. There is a lot of talk about being at the height of the market and a downturn looming. I currently live in Los Angeles, CA with my wife and our 11 month old c...
Logan M.
Red Vs. Blue States real estate investing
You have to take this post with a grain of salt but I have a lot of people that ask me where I buy and where I don't buy.
For the most part, I invest in Red states, meaning states that tend to vote for Republican can...
Richard E.
Thoughts on Vacation Markets w/ rising rates/economic slowdown?
Hi all,I am a little curious what veteran STR people think about the current market- specifically, VACATION ONLY MARKETS. By vacation only markets, I mean places where basically nobody is moving for a primary residenc...
Clay Manship
Diary of an FHA 203k Loan Deal
Hello BiggerPockets family!Well, it's official. After a lengthy process, I have finally put my first personal residence under contract. It is a 4-unit apartment building, which will allow me to utilize FHA 203k financ...
Justin B.
170% Cash on Cash Return! THAT JUST HAPPENED!
So before people get on me about bragging, please notice I did put this into the real estate success stories forum :). We are buying our 10th property (a milestone by itself), but the real story here is the numbers. ...
Karen Hurd
I am now convinced.....
I am now convinced that It's not the wholesaler who is a hindrance, but the realtor. I have called roughly 25 realtors. I explain to them everything that I do, because in the state of New York you can assign a propert...
Joe Splitrock
I Bought a Short Term Rental Because of COVID
Today we got a little house under contract and it will be our first short term rental. Over the last few months, I have read countless posts on BiggerPockets about how short term rentals have been struggling with canc...
Heidi B.
Are we reliving 2006 in 2016?!
When we purchased our 3 unit bldg together (newly married) in 2006, there not yet any red flags of the pending housing crash that reared its ugly head that very same fall. Some say 2008 but this part is not impt to t...
Greg Moore
Anyone moving their investments to Bitcoin?
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...