Hi everyone,My name is Sam, and I’m a new investor. I’ve been reading up on the Buy, Rehab, Rent, Refinance, Repeat (BRRRR) method of property acquisition, and I’m considering the Lubbock market. I don’t live locally,...
Hello,I have a 401k with 30k in it. I can take a loan out from it for 15k for 5-10 years. The interest rate is 3.5% which gets paid back into my account. So the question is, should I take out the loan on my 401K to he...
I am planning to buy my 2nd investment property. Mostly looking for multifamily (2-4 units) but the one's at good locations are way overpriced. I have been looking around for last 3-4 months and now I have two propert...
Hello Everyone,I've been looking at rental properties in Vallejo and Sacramento for over 6 months now and can't make a decision. Where do you think makes the most sense for the long-term?In Vallejo, I can get a small ...
Hi,This is going to be a long post.Before I ask the vague question "should I buy a property in Las Vegas for the purpose of short term rental?" on BiggerPockets I thought I might ask the owners themselves first. I di...
Hi I have a unique situation on my hands. I have the opportunity to buy another home in the same communiting area with a VA Loan with 0% down. The current home I live in carries a 15 year mortgage that runs $1550 per ...
Hello everyone,First things first - I'd like to thank all of the contributors to this forum, your advices and inputs taught me *A LOT* - so I'm grateful for that.TL;DR: For a new RE investor with a good starting point...
Hey BP, I am currently considering a potential tenant with a poor credit score in Philadelphia. He was upfront with me about it when first viewing the property, and explained he does not currently have a credit card s...
Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...