Shawn Torsitano
Offering Below Asking on a HUD Home
A HUD home came on the market the other day. Pretty outdated, but not destroyed. Certainly needs new paint, inside and out. New flooring everywhere. Kitchen cabinets seems like they are in good condition, but flat,...
Jimmy S.
how far do you let your tenant get behind in rent?
How far do you let your tenants get behind in rent before filing a complaint with the courts and proceeding with eviction. Also do you have last months rent as well as security deposit or only security?Also how much d...
Darrin Yon
First multifamily deal has gotta be the HARDEST deal!!!!!!!
Oh, the woes of getting funding together for that very first deal!!! Some of you seasoned pros can remember what it was like when you first started. If any of you have used an equity partner in any of your deals I'd l...
Elaina Burkhart
Refinance piece of BRRRR
Hello,I have a couple questions regarding a refinance on a duplex my husband and I own. We purchased the duplex last year for $140k with a home equity loan (100k fixed rate) and a smaller HELOC (40k variable rate) on ...
Andrew Erickson
Family Inherited Large Property in LA - How much is it worth?
My grandmother bought a minority share in a commercial property nearly 50 years ago. She passed on her shares to my mother and her siblings about 20 years ago. They together own 25% of a large commercial building in C...
Carlos Simmons
Flipping Houses vs. 1st Position NPN?
I know it's difficult to estimate in a spreadsheet due to so many variables but for people have flipped houses AND who invest in 1st position NPN, which results in the best overall after-tax ROI? I know the first res...
Shiv Jey
Interpreting News Stories
I've been reading the news daily on the country's biggest employers to track where they are expanding to. If company X builds a warehouse and expects to hire 50k people in Y city, how do you approach this information...
Gil Segev
Where to find cash flowing rentals in TX?
Hi all, I live in Austin and would love to invest closer to home after not so successful out of state investments. I chatted with several agents in Austin and San Antonio and it looks like finding positive cash flow i...
Michelle Harrington
HELOC, Home Equity Loan or Your Savings?
Hello Bigger Pockets Family!
Just wondering, if you are a new investor buying a rental property and you have an equity from your personal home, which one would you use for a DP? HELOC, Home Equity Loan, or your savi...
Shaun Lloyd
Combatting rising HELOC rates
Greetings all and Happiest New Year!In 2022, I pulled out a $95k HELOC (Adjustable Rate) as Down-payment to buy a duplex for rental income. However, since the fed keeps raising rates, the payment has gone from $325 to...