Hi BP community,I recently closed on my first investment property and am deciding on the optimal exit strategy; cash out refi/rental or to flip it. I used a HomeStyle renovation loan so it would be easy to keep as a r...
I'm just about finished with a rehab. Carpet is to be installed, basically everywhere. There is this parquet floor in the "fireplace room." We finished it, but I don't really like it anyway. Plus it has a deep bla...
Just wondering if anyone else keeps home warranties on their rental properties in order to keep repair cost to a minimum. Between appliances going out, minor plumbing issues, etc; paying a monthly premium and a $75 de...
My wife and I are currently renters. I'm just now getting into REI. I'm wondering if our first property purchased has to be our own. I see advantages to continue renting while we invest in other properties.Only have t...
How do you guys keep your utilities cost down ? Do you just write in the lease agreement tenant to keep AC unit at a certain temperature ? Do you use solar panels ? Smart electronics like NEST etc? I am trying to find...
I have 2 properties:first one SFR, equity approx 150,000 after selling costs; I net about $700/month rent after all expenses. which is about 5.5 percent on my equitysecond one is a old single wide mobile home that I...
Hi Big Pocketeers,I've been focused on a single market (several zip codes) and have done quite a bit of research. I do my due diligence and analyze as many properties as possible when they come up in the MLS for over ...
Hello everyone! I'm currently working as a leasing agent for a 500 unit luxury apartment complex! I was wondering if there are any creative and effective marketing techniques out there to get prospects interested in m...
I bought my first home a year ago and received an offer to buy. After taxes, morgage pay off, and closing costs I’d have 95k as profit. Would you sell and invest in 2 rentals or keep as a primary residence? I currentl...
Hello BP family,I am hoping to get a little advise or insight from some more experienced investors if possible.I currently have a SFR located in Iowa which just became unoccupied. It needs about $20K (mainly painting...