Tony Nguyen
Am I Over-Leveraging?
November last year, I bought a vacant 9 unit for $210k, put in $40k to renovate and after fully leased, it appraised for $440k. In April, I pulled out 80% or $318k and used $200k to pay off the private loan of the 9 u...
Dylan Tettemer
Investing out of state
I'm going to be investing out of state and the only area that I do know is too expensive for me to really make any money there right now. Does anyone have ideas on how to pick a state to invest? I'm thinking of moving...
Michael Hanks
Student loans OR Four-Plex? (Dave Ramsey or BP?)
Hi everyone!So My fiance and I bought a SFH in an A class neighborhood with a VA loan and little down last year when the market was "hot". Needless to say, almost immediately we realized what just happened. We then re...
Account Closed
To pay the real estate agent or not?
Hi guys - I need your help. I have an investment property my husband and I own that we have been renting out for the past 2 years. When the tenants moved out a few months ago, we gave them the proposition of buying ...
Nat C.
Title company won't give my $20,000 EMD back
I had a property under contract in August 2014. After doing inspections, I realized the scope of repairs was too great so I decided not to proceed. The selling agent told me it was no problems and sent me the cancella...
Ivan Chavez
Sell or not to sell long term rental??
I’m in San Antonio, TX and happened to buy a single family home in an area that has boomed exponentially. With the current housing shortage, I never thought I’d say this, but im actually considering selling the home, ...
Joseph Medina
Calling all Old School Multifamily Investors for help
Hey Everyone, my last post I received some great help, but now, I am looking for advice/ guidance. It's practically July and The Fed meets at the end of July, and three more times after that. I expect slight increases...
Chad Miles
Are we smart, or taking the easy way out? We need your opinion.
Hello BiggerPockets!Let's call this a... re-introduction. My name is Chad Miles I have been a member on BiggerPockets for a year or two now and have participated in some discussions and learned a ton. Now, I want to r...
Daniel Porter
Should I let go or can I hold?
Hello everyone,I purchased my first property in 2012 in Clovis, NM. (Cannon AFB) For four years I had two roommates whose rent payments funded 95% of my mortgage.In 2016 I PCS'd to Florida and I've had my house rented...
Kevin McGuire
Tenants: Asset or liability?
Do you view your tenants as an asset or a liability? I'm curious whether folks here view their tenants as an asset or a liability? I'm sure many will say "both" but if you had to choose, which would you pick?Some star...