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I am new to insurance for landlording and need help to see if i can save more on insurance. I bought for 49.9k with 11700 for down and closing. Worth 82k fixed up in Wichita, KS
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I've been toying with the idea of buying a winter getaway home, one I could rent out Airbnb/VRBO April-November. I live in St. Paul, Minnesota where I have a great career, investment properties, and a small vacation-r...
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Hello All, I finally decided to introduce myself, although having paid for membership a little over a month. I am late 40s and tired of depending on others for a paycheck or no paycheck. I have set a goal line that i...
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Hi everyone, I live in NYC and I'm completely new to the real estate investing world. After some moderate research, I've zoned in on Wichita Falls for my first investment property. $80-$95K range
I would rea...
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Good debt vs. bad debt
Debt doesn’t have to be a bad thing. Taking on some debt might allow you to achieve your goals or fulfill your dreams. Borrowing money can help you complete your education, purchase a home or f...
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Sell or hold rental property?In 2015, I bought a single family home for $685,000 on a 30 year mortgage. It is in the peninsula of the SF Bay Area. I spent one month remodeling it spending a total of $20,000. I have it...
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I have a general question about purchasing a multi-family with 5 or more units. I've heard from a few sources that banks will not question your income when looking for a loan on this many units. For example, if I were...
In 2014 I hired a few local guys that worked for me as an independent contractor. They made over $600.00 for the year. I had them fill out a W-9 as well as a independent contractor agreement. Now that this is January ...
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My tenant moved out suddenly and without notice. He left behind a refrigerator, washer and dryer, and a motorcycle. I can't remember what the law states on these matters so I am reaching out to the BP community. Th...
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Hey guys, sorta new to BiggerPockets. Was wondering: Let’s say I can live on ~$17,000-$20,000/yr Let’s say I purchase a $100,000 property and I knock out the mortgage in two years. Let’s say this property nets me $650...