Hi everyone. Just starting out. Thinking of buying new construction. My question: is it better to pay cash for one or put minimum down payment and finance 2-4 properties? It seems like the income is significantly redu...
Hello all,Just acquired a property via foreclosure by the junior/2nd mortgage. The 1st/senior mortgage is in covid forbearance but not in default. It has a 2.5% interest rate (better than what I could get as NOO) and...
Good Morning BP family,I found myself entangled in loopholes this morning as I finished drafting my most recent Real Estate 5 year plan. I recently received some advice about forming my strategy as a beginning Investo...
I’m closing on a triplex in a few weeks and I plan on not renewing one of the tenants right away after closing. How could I minimize the chance of this tenant claiming some sort of discrimination or unfair treatment s...
How much do people typically charge for a security deposit? Is 2 months reasonable? I live in Indiana. I used to typically do 1 month but I've had tenants try and not pay the last month so i want to cover my grounds i...
I plan on turning my primary home into my first rental property. Should I take out a HELOC in my primary residence before switching it to a rental? Is a HELOC only allowed from your primary? Thank you!!
Hello All,I recently purchased some land in Northern Kentucky with great city views of Cincinnati. It's in a solid, up and coming neighborhood with lots of development nearby. I've completed a geotechnical surveys t...
Hi, my dear BiggerPockets folks,
I have a rental at south Natomas Sacramento (95833 zip code). Have not increasing any rent since covid. Currently rented at $1900 vs. I checked the similar home rent at $2400-$2900. ...
Hello, BP Community,
We are eyeing our first sub-to deal and have some questions we're hoping you can answer. Here's some info about the unit:
- 2bdrm, 2.5bath townhome, built in 2021. High appreciation area, was li...
Hey BP folks,Is there anyone here who has the experience of building a mobile home park from the ground up?I'm working on a project that involves building such a park and I wanted get an idea of how much are the start...