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We currently have a pick-a-payment ARM. We're not behind in the payments, but are paying the minimum pymt, resulting in about $1k/mo being tacked onto our outstanding loan amount each month in deferred interest.
Our ...
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Hey BP! So, my wife and I purchased our first investment property in May of 2017 (a 4plex). We comepletely renovated one unit and moved into that one unit. We've increased rents on 2 of the other 3 units and soon ...
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Do you call yourself a real estate investor or a real estate entrepreneur? If you consider yourself both, do you prefer using one term over the other?
I'm just curious about what BP members call themselves ...
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Hi all,I'm new at this landlord gig and I have a bit of a dilemma. A tenant asked if they could adopt a pet; when I replied with the information regarding deposit and pet rent, I never heard back until I followed up t...
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Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12 rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...
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I was leaving Kinko's after getting my mailers printed up, and decided to stop at Mickey D's to grab something fast and get home to get and the mailers out. I noticed a guy standing on the corner of the intersection h...
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Hello Biggerpockets!
Looking for some wisdom/guidance as my Realtor today (who also works as my property manager through a company I use for management) came to me today with a proposition to "go rogue" so to speak a...
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I’d love to hear if your biggest home runs have been from: a) buying an existing STR, tweaking it with your own unique skill set and applying your experience-proven enhancements to be a top performing property, orb) c...
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Im sure, like me, you have quotes posted around your work area or in your notepad. What are they? I have several:
"Someday is Today"
"You are your own limitations, you are your own success"
"Whether you think you c...
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I really do not want to raise the rent, but am I being smart about this or just being a naïve newbie landlord? I am a newbie at real estate, landlording and property management (going to be 1 year on May 4th 2016). ...