Adam Boonzaayer
100k to burn, best cash out strategy?
Hey all,I have a kind of unique situation. My wife and I (we're 25 and will have no debt) are about to close on the sale of our primary and make about 100k, by a stroke of luck, and some sweat equity. Our goal in the ...
David Zinn
#askbp 15-yr vs 30-yr mortgage
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
Jonathan Levi
Best class of real estate in a post Covid world?
Hi all,
When I first came to BiggerPockets I was interested in multi family. Over time, I became convinced that I needed to go to triple net properties since I live Abroad and loved the idea of mailbox money with zer...
Winter Heintz
What's Your WORST Tenant Experience? How Did You Deal With Them?
Happy Friday! As I go through screening potential renters for my unit, I'm intrigued by all the horror stories I hear. My previous tenants were great, always paid on time and took care of the property. They were less ...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Jacob Merritt
19 Yrs old thinking about getting real estate license
As the title says, I’m a 19 year old college student. I’m finishing my first semester in two weeks and overall I was pretty successful. The problem is I’ve yet to feel truly happy with what I’ve done with my life. I’m...
Jordan Thompson
First deal (Duplex) rehab and build - with pics!!
Hello BP! I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex! The gameplan for this thread is to chronicle my progress through the rehab,...
Patrick Bavaro
Day 4 as a Landlord, and need to get rid of my tenant
Hello BP! As some of you may know, I recently became a landlord over the weekend through my first house-hack. I'm attributing this issue to being new to the game, and not executing my application/screening process as ...
Kelly McMillan
Help! Pet damges of $4500 above deposit.
I allowed a tenant to have pets (3 small dogs), with a pet deposit of $300. He was the first tenant in a newly renovated unit with refinished wood floors. After several visits in which I found feces on the floor, a gr...
Account Closed
California "here I . . . . Leave! * * * * Ouch!
I'm starting to see a pattern . . .Here are the top 10 California counties that people are leaving, and where they're headed... (realtor.com via the Mercury News.)1. Santa Clara CountyOut of state destinations: Arizon...