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I am ready to pull the trigger on my first rental property, and you could say I'm jumping in with both feet. I've been lurking on Bigger Pockets, reading, and listening to podcast for about 6 months. I am still learni...
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Case Study for Houshacking in Minneapolis, Minnesota:Bought a duplex for 3.5% down on an FHA mortgage: $6370Rehab said duplex: roughly $10,000. This consisted of carpet, laminate floors and paint in the lower unit, co...
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Just curious what some of you syndicators plan to do where you have been buying 3, 4, 5 cap "value add" deals. If rates move against you, what is the plan? I have no dog in the fight but aside from the 100% bonus dep...
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Hello All,I'm in the process in buying a second home for the purpose of renting out. I plan on going with a conventional loan at 20% down, the loan officer I'm working with has me pre-qualified and has the interest ra...
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How would you describe a neighborhood that you wouldn't consider investing in? I live in a small to medium size Canadian city with a few not so great areas, but have some great deals from disgruntled landlords and/or...
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I have called a contractor out to fix the AC unit twice within the past month. I knew what the issue was but I didn't want to just blurt it out without any proof that they are turning the AC off when leaving the house...
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Hi guys! Refi question here: I bought a duplex in 2010 with 0 down at 3.625% and have had it rented since then. I want to pull some of the equity because it has almost doubled in value (estimated) but I’m not sure if ...
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Here's the thing: I'm thinking about buying a house that would make a great rental if we need to move out of the area (which is somewhat likely). I used the Rental calculator to see how the numbers would crunch. The h...
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Risky and complicated for a first deal – should I do it?Hi BP community. I am writing with my first post, and I am writing at a time when I sense all of the hard work put in is about to lead to my first deal, on this...
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The guidance for this week is you want to stay in the markets that are below $300,000 or $200,000 depending upon your area--I talked to a woman the other day that was in Boston and their lower range in the market is...