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Background Info: My husband and I own 1 rent house with about $35,000 equity and 6 rent houses with 2 other partners with about $50,000 (our share) equity.We have about $20,000 in debt other than our house that we ...
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Hello BP Community!My wife and I have been BP podcast listeners for the last year and are very thankful for this community of great people. Most recently, Scott Trench’s book Set for Life really hit home for us. We've...
A question always in my head.
Why would buyers always want off-market deal?
Is it because off-market deal are cheaper than MLS deal?
If off-market deals are cheaper than MLS deals, as a seller (all of us will be a...
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Looking for suggestions on tools to use for electric rent collection. For now I only have 1 property but looking to expand. My renter would prefer Venmo or PayPal but open to using other tools.Please provide pros/co...
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I am a relatively small scale investor from Washington DC and I usually buy condos at class B locations at urban areas at this point in time. I am just trying to build a base structure I can rely on for the next phase...
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I understand that doing bi-weekly simply means you are doing 13 mortgage payments a year as opposed to 12. So you get one payment each year that goes straight to principal. I've read other threads on the topic and it ...
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Hi BiggerPockets!I'm Kurt, I've just discovered this community and the podcast in the past week and have been consuming as much information as possible. Recently my wife and I have decided to start looking into Real E...
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Hello BiggerPockets Community,
I hope this post finds you all well. I am reaching out for some valuable insights and advice regarding an opportunity that has come my way, and your collective wisdom could make a signi...
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For the second time in a row, I have had a potential tenant ask me whether my screening process involves a hard credit inquiry rather than a soft one. Last time, I checked with my screening service, which gives me a s...
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Hello BP,Long time lurker, looking for my first property, aiming for a live in multifamily. We’ll live in for the first few years, hopefully having $1,000 per month from having no rent.I’m a bit long winded, so I apo...