I'm currently buying a property upstate NY. I entered into a contract in May 2018 and the close is next week. It's a 5 unit building where at the time of signing, 2 of the units were rented to long-term tenants (I thi...
I have 7 rental properties and have accrued cash in the bank. Should I pay off the mortgage in a lump sum and put that extra income into paying off principals of others or just pay more on all of the principals and no...
I love BP posts on screening, they help you test your screening skills and it is always interesting what people see and do not see. I am leasing and have an application, so here goes.The applicants are two couples, a ...
Hi, my name is Cody and I'm currently living in Denver and attending college here, I've been reading through all of the bigger pockets books, taking many notes and have become extremely interested in the world of real...
Hello everyone!
I have recently stumbled across a Bigger Pockets Podcast episode & I am now seeking to get into rental properties. I have been wanting to get into real-estate for the last 3 years, but due to scho...
I've been trying to get an education on how much control park owners have over mobile home owners renting space in their park. Here is the situation:My 90 year old grandmother has owned a unit for 25+ years in a subu...
Let’s say my property rent not NOI is $1m a year.
All tenants pay online using an online service or app etc.
I have a property management company that I pay 10% so $100k.
As the property management company manage...
I was recently contacted by the owner of the duplex across the street from mine, he's sick of it and wants to sell it to me owner contract. The asking price is about 15k under market and the terms are 10% down payment...
I'm looking to purchase a newly renovated 2 family home in Jersey City Heights less than a block from public transportation into the city. The home is selling for $509k I am thinking of putting in an offer for $490k (...
If you have a personal homeloan (ignoring IP's for now) are you pumping every spare dollar into reducing that debt, or are you putting some of it into other investments (e.g. managed funds etc) as retrement savings?
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