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Here's my current situation...we have a home that we lived in for over a decade. It's worth $255k and we owe $140k. Monthly mortgage (escrow included) is $1188. Great interest rate of 3.25% and it's in a wonderful are...
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How did you all get to where you are today in real estate? Was it through building a business, working a 9-5 job (and in what), jumping right in and using other people’s money, etc? If you haven’t invested yet but you...
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Hello BP,I think this topic would be fun to discuss. If you guys we paid 300k to quit your day job and invest what would you do? Leverage it? Flip? Flip Apartments? BRRR? ouse hack? and why?
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Hi all,I have been a resident for 4 years and there is a lot of work as far as paint, carpet etc. that needs done to get ready for a new tenant It was pretty much trash when I moved in and mentioned so on the checklis...
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hey bp,Need some advice on what seems to be my first problem tenant! This is her first month living there and she is late paying the rent. The lease says to pay by the 9th and today is the 16th. Since she is mailing i...
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In July, my husband and I invested $112,000 in a single family home. We financed it through a mortgage company with 20% down obtained by selling stocks. After putting $3500 into it, the home is now valued at $150,000...
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A friend of mine is buying a house next week, and when he looked at the settlement package, he noticed that he's getting a special warranty deed (SWD) instead of a general warranty deed (GWD). I know the differen...
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First...many thanks to the inspiration provided by Bigger Pockets. This site is terrific! We have really jumped in to investing, purchasing 6 rental properties, 4 SFH and 2 duplexes in the last 6 months....