Hi!When you are refinancing a property and the appraisal value comes back way higher than your purchase+repair costs; how much will you borrow? The max the bank gives you to continue growing your portfolio? A prudent ...
Hey guys. I have a dilemma… I own a three family house in newark nj and currently cash flowing about $1800 a month. I owe 280k on it however I just got an offer for 600k. I still have about 25 years on the Mortgage. I...
Hi all! Long time listener of Bigger Pockets and this question is HAUNTING me so I jumped on here. First time to post :)I have a small portfolio in small town outside of Lubbock, Texas. When we first started investing...
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...
I am a newbie in real estate but I am wondering if 2019 is a good year to invest in real estate? Or do you believe the housing market is getting a bit overpriced? Should I wait until the next housing market to cool of...
I noticed some BiggerPockets members asking about the rising cost in lumber and plywood, and given my background, I figured I wood (haha) weigh in on this subject. I currently work for a lumber company and I primarily...
According to Yardi Matrix most recent publication, “COVID-19: A Game Changer for Multifamily", nationally, rents have dropped by 0.4% since the arrival of COVID. This past week I decided to focus on some key areas of ...
You walk into your house, the door is connected to the T.V., the dishwasher can be run by your phone. You can have a discussion via text with your waterbed.What does it all spell out? A smart home!R developers and reh...
I am mostly a non-residential commercial investor. I have sold half of my commercial holdings and wonder if I should start selling the few SFR's that I have. The prices have increased roughly 50% from when I purchas...