Eric Neal
Am I in trouble down the road?
Hello, BP.My wife and I just closed on a 2/2 1,059 sq. ft. condo in Durango, CO where we will be living for the next 2-3 years, maybe longer. 5/1 ARM at 3.375, 15 year am, $188,000 purchase price, loan of $169,200, mo...
Matt Buchalski
Section 8 housing in Ft. Worth
Hi everyone,I am a fairly new member of BP. Im closing on my first SFR next week and I am looking to grab a couple more in the next 90 days. Does anyone on this board have experience with accepting S8 on their propert...
Benjamin Blackburn
A friend has 15k to spend... What should i do?
Hello everyone. One of my best friends is wanting to do something smart with his money but has no time for anything since he is a full-time student at LSU and has a demanding job. He lives in Baton Rouge and I'm her...
Michell P.
More people keep moving in...
Hey all, Ok... I have a tenant who has been kind of a problem ever since I got involved with the property. They were placed in the unit by the previous property manager and their lease is OK but pretty minimal and no...
Jimmy Warr
A Good Deal or a Bad Deal ?
I have an 8 unit apartment building under contract in Memphis TN. Property is located in a C-/D+ area but it is .25 miles from an awesome revitalized B area. All units are 2BD / 1 BA.The Property is currently 100% occ...
Mani Swagath
Strategies & Best practices for Out-of-the-State landlord
My rental property is in a different state outside of the state i live. Currently i have a property manager, but i lose 1 month rent for the leasing fees, to both listing agent and showing agent, plus, i also lose 8% ...
Hilary Hageman
Home Equity Loan as Down Payment?
Is it foolish to use a Home Equity Line of Credit as a down payment on an investment property? We have our primary residence payed off and have been approved for a line of credit on the house at 5.25% for 10 years. ...
Allende Hernandez
My FIRST ever Direct Mail campaign goes out today!
Yeah..I am excited.I'm trying out DM for the first time and have 230 envelopes in my truck to be dropped into the post office later today.This may not be big deal for many but I just wanted to shout it out :), as it i...
Derek Clarkson
How Do You Manage Your Rental Income?
Bigger pockets,
I'm struggling with setting up an organized method to keep track of my rental income. I'm leaning towards the simple method of one checking and one savings account for each rental. This is great, unti...
Redha Laafia
How should I structure this partnership with my father?
Good evening BP,I am literally running in circles for the past few weeks regarding the JV structure I am trying to design with my Dad.He has the capital to invest (no time, no knowledge), and I have the time, energy a...