About to close on a refi of our personal property. Saving $250/mo plus getting about $12k cash back in closing. Current vehicle payment is $398/mo with about 9000 left to pay (2.5% interest rate).Initial thought is go...

Hello,I'm looking to buy my first 2 rental houses buy the end of 2019.  I currently live in Sacramento, CA and have about $200 of Equity in my current home to pull from.  I'm looking at buying a 3/1 or 3/2 Single Fami...

After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...

First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...

I own three homes with three different mortgages. Now I feel like I start paying off one property so I won't find myself in any future financial issues. What should I pay off first. Here is the details

1 my home - $2...

I would like to see what everyone is getting for returns on their Short Term Vacation Rental in the $1m value rangeI will start, Waikoloa Beach Hawaii, Big Island HawaiiValue $1m2022 Gross Rent $87,422 (estimated for ...

Hi everyone,This is my first post. I hope I am posting in the right place. I am a newbie to rental property ownership. I am fortunate enough to have a relative give me a substancial lump sum as a gift. She wants her h...

This is really going to be off topic!  Who in the BP community is a Bourbon and Whiskey drinker, collector or snob.  I have begun to collect and really learn more about the art of Bourbon and have taken a break from r...

Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine!
Investors and homeowners, let us know: What do you wish you would have known when you bought your first property?
By responding h...

So, as a budding house hacker I wanted to ask my friends on BP:What tools come in most handy to a novice landlord? What should I add to my list?HammerTape measurePower drillHacksawSanderScrew driversAllen wrenchesChan...