I have a rental property on a 15 yr mortgage with only 5 yrs left. Should I refi and take money out to buy another property or pay off the mortgage as soon as possible. Rate is 5.25%, mortgage is $1800 pm, it rents fo...
Chicago Action Investors Meet Up(temporary team name)This week we had a great meet up with new faces!! Each week our group is growing with new investors, new knowledge, and new DEALS!!Account Closedand @Aaron Vaughn o...
I'm interested in hearing about dealing with Property Management Companies. I've used a number in different areas. They all start off good but it seems with time they can go to sleep at the wheel. I want my tenant...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $220,000
Cash invested: $1,500
Sale price: $245,000
Contributors:
Peter Vekselman
Partner Drive...
Hello Fellow Investors, Looking for advice on how to make my next investment happen. I have a duplex (2/1) in St. Louis, MO that I purchased just two years ago. The financing is at 9% with a balance of $45k. I'd like ...
what is the difference between and option contract and a standard purchase contract? which is better to use for short sales?
So, I am looking to put an offer in on a 4 plex, but one of the other tenants said the neighbor may be in jail soon. If I do get the place, I don't really want to have a non paying tenant that will need to be evicted ...
These are 2 properties I purchased recently. Tell me what you think.
#1 Single Family, 25k, 6k down, 30yr owner financed note
Piti- 328
Rents- 650
Maintenance 100/mo
Water 30/mo
Trash inc. in tax
Tenants pay utility...
Good evening. First, thanks to everyone who gets involved on Biggerpockets. I have sent many, many hours on BP learning a ton from the experience of others.
I have found a property that will have more than ad...
Hi BP members,I have been talking with a private investor about investing in my next project. He is wanting me to pay the attorney fees for the contact and documents. I do not have a problem with that at all and I am...