Hello, Bigger Pockets!!It is with great joy that I announce that my wife, Piper, and I have closed on our first rental property! We bought a 2/1 in OH and have the property management company in place to get it rented...
Looking to buy my first STR and having trouble finding one that projects to make a COC return worth investing in. The high sale prices and subsequent mortgage payments kill the net profits. Raising the rental rate w...
Hi BP Universe! We have a big decision to make -- should we sell or rent our first home? I think this is going to be a hot topic for many given that the big driving factor is the low rate we have on the old house (2.7...
Long time lurker... looking to get into RE investing, and running tons of numbers and am currently in the paralysis by analysis stage. I run numbers on some properties where things look good, but then it's a minimal a...
I wrote this a couple years ago for another audience and from some of the recent posts I have seen, I dug it up and figured I would share it here. The information is just as valid today as it was 2 yrs ago.
I recent...
I have a condo in Los Angeles that I plan to do a 1031 Exchange within the next year. The property is worth approx. $450k and I will have $300k in cash once it is sold to purchase other investment properties. My ultim...
I recently purchased my first rental property (Duplex) for $65,000. I had to put 25% down for a 30 year mortgage so I still owe just under $49,000. I do have an investment mortgage on this property because I do not li...
Hello All!
I am starting my yellow letter marketing campaign soon. I will be using @Michaelquarles yellow letter service. I have a budget of $1000, so I am trying to figure out where those funds would be best used. ...
Hi BP,I have been an avid consumer of real estate books and podcasts produced by BP. Therefore, I really value the type of thinking common among our community members. This post is asking for general advice and strate...
I’ve been doing my research and reading and running numbers but I’m having an issue. I’ll submit offers on places which I think are good deals but within a day I start getting panic attacks and it ends up with me back...