Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
I know this may be a weird question to ask on a real estate forum (Im thinking the vast majority of responses will be pro real estate), but I wanted to get some different perspectives from the BP community. I current...
We are under contract on a side by side duplex near our hometown in Ohio. We just found out that we are inheriting the sweetest 80 year old tenant who has lived in the place for 20 years. Market rent is $950+. This li...
I always hear this figure and wonder to myself how come? Is it because people are scared or is it because the people who are trying to get into investing have a hard time figuring out what information is correct and w...
Hi everyone,
I'm a new BP member living in southern California. I haven't quite found my niche yet, but I find myself being really drawn to the buy and hold type of investing.
It seems like buy and hold...
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
This is a long overdue thanks to the BP community as a whole and the mentors and friends I have met through BP.
By way of background, my core investing strategy is buy and hold. I hav...
I have been an agent for 9 months and have been networking and trying to close my first deal with home buyers and sellers but I don't really feel it and I really am more interested working with investors instead. I am...
Hiii, I currently own a duplex that I am house hacking, I have had the property for two years now, its an FHA loan at 2.7% therefore refinancing is not an option at this time. Bought my home for 640K worth 810K now, r...
Hey folks, I'm looking to tell their story for an upcoming brand new book for BiggerPockets. I would like to find people in the BP community who have used any of the following methods to buy RENTAL properties: Home Eq...