Hey BP Community,I'll be closing on my 5th single family home investment property in a few weeks. I'm in Texas, in an area where property values have continued to climb steadily since I've been investing over the past...
Hi everyone, in April 2020 we purchased a 4-unit property in Los Angeles where the seller financed a 2nd mortgage. The seller stayed in the property as our tenant after close. We are attempting to pay off the 2nd, whi...
Turning a man cave into a “money cave” Airbnb making thousands of extra dollars a month? It doesn’t get more house-hackable than this! Ron Curtis was able to pick up his first home in a pricey area for only a few thou...
Folks, I have a $30k personal line of credit (6% variable APR) and am wondering if I should use it for anything or just let it sit there and look like I use 0% of available credit. I've had varying responses from coll...
i've been searching calcaluators everywhere, but im sure someone would know the answer here sooner...situation: i have 3 properties i would like to pay off, each at 4.75% with about 70k remaining on each loan. my ot...
Hi there, I'm new to the community. If this questions has been answered I'd really appreciate you pointing me to the article as I didn't find a search box where I could search for it, that being said...I recently atte...
Hello all! I buy SFRs to rent out. All mine are currently on 15 year notes, and while I understand the fiscal benefits of paying off loans more quickly via a ten or fifteen year mortgage, I struggle with my desire f...
Here's an idea for a possible creative additional income stream for rental properties AND obtaining a small 0% interest / net neutral loan for each property: home security systems. 1) Negotiate a deal with an alarm co...
Hi everyone, I'm buying a 17unit in the Buffalo Niagara NY area with a friend. Rents average about $500 (25% under market value), fully rented as well. I will be managing it as he is out of state and I have 10 years e...
I was wondering if anyone has been successful "upselling" rental income by offering extras to boost monthly rent. I'm thinking things like extra $ for optional wash/dryer, stainless frig, security alarm, even a flats...