Hi everyone,I purchased my primary resident in Queens, NY about 5 years ago. Thanks to crazy NY Real estate market, I have significant amount of equity on my PR which i'm considering tapping into to invest in other r...
Hey everyone! I'm Jack, a newbie investor from Seattle, WA that's been on Biggerpockets as a lurker for about six months or so. Although I've done a fair bit of reading, I haven't actually gotten into any sort of deal...
Some investors want to know the sequence of questions to ask a prospect I’ll never ask their name or house address until they qualify themselves as a prospect at the minimum amount of 85% of as is value. this is the...
Installed a $100,000 dock a couple years ago with all the proper permits Zestimate has not changed in 3 years by more than a couple percent Anyway to let Zillow know in hopes they will increase the zestimate Remains t...
Hi guys,I have a question about the tenant who lives in one of my rentals in Phoenix. I told her I want a long term tenant because I dont want to change tenants every year or so... She was ok with that, but we did onl...
Warren Buffett when asked about his time horizon for investments. He answered with "Our favorite stock holding period is forever.” That got me wondering about real estate as I know folks in the boomer generation that ...
Hi All — I’m an out-of-state investor and own a 12-unit MF in the Cleveland area. My building is not separately metered for water/sewer, so I pay those expenses. Does anyone know how common that is (for the owner to h...
Hello,I would like to start STR in Sedona, AZ. I found a nice house around 800k. With 20% down and interest of 7.12 yearly mortgage is around 56k. For that house Rentalizer estimates 65k income and 22k costs which mak...
What would be the best way to keep our existing house with good equity and finance a new house? 401K loan? Equity from current house? How much should we pull out if we refinance our 1st mortgage? We have never owned n...
I'm debating purchasing a duplex in Chandler, Arizona. I would be getting it from a wholesaler at $290k (ARV might be $330k) and it is made up of a 2/1, 625 sqft and a 1/1, 525 sq ft. It would be a value-add, I'd prob...