Could continued strong population influx into Arizona cause Phoenix and Tucson to merge into a common mega-region one day? This article suggests that current trends make this a possibility. The core areas of Phoenix a...
Hello BiggerPockets! My name is Michael Bucher. By day, I'm a software engineer, but at night I'm a newbie real estate investor. My only real estate experience is being a tenant, but I'm eager to learn. My long ter...
Good afternoon BP,So today we closed on two properties, a quadplex and a triplex, 6 of the 7 units were rented. I also turned them over to a property manager at a 7 percent rate.Property number 1) The AlamoQuadplex in...
I am a new investor looking to make my first deal, since I live in a small market (Tucson, AZ) I am now looking to invest out of state. I am looking to buy and hold tri/fourplexes. I came across Milwaukee Michigan and...
Hello.My and my wife are planning to buy a home or apartment in Florida. We dont know what kind of property would be the best choice so we wont regret it in the future. Our monthly income is around $4000, probably goi...
I bought my first house, built in 1999 (3/2/2, 1730 sqft, 0.13 acre) in Phoenix, AZ for 166,500 back in 2003 with 4.875% 7/1 ARM (now at 3.375%). I owe about $113,000 on it now. It is currently valued against 12 ...
Hey BP Community!This post will basically mirror my profile, but I just wanted to reach out and introduce myself. I'm a 25 year old, newly licensed CPA in Massachusetts, and I'm just starting to dip my toes into the w...
Hi All!I recently purchased a 3 family and noticed that the property has a central gas heating system/furnace. Since it is a 3 family home and I do not want to be liable for paying the gas bill for all 3 units, I have...
Hello,I recently acquired a 6 unit property with existing tenants and under market rents. One tenant already asked if he can break his lease and move early (woohoo!). Most of the others are on month to month leases. W...
I have a lender who has an interesting loan product - thinking about using it for a cash out refi. Loan terms: 40yr fixed, 5.375%, interest only payments are available for 1st 10yrs(that's the part I like). After that...