Gary Castillo
Own a 3 family in Brooklyn, How to invest in a 2nd property.
Early 2021, I closed on a 3 family house in Brooklyn NY. I currently rent 2 units collecting $4,150 a month. When I bought the property I closed at an interest rate of 2.5 so I think I did pretty good. I want to keep ...
Greg Larson
To get licensed or not to get licensed?
Hi BP,I currently have a real estate license in Holding in Illinois, but have recently moved from Illinois to Tennessee with no plans of going back.I'm working on acquiring off-market properties for buy & hold, Fi...
Chas Phillips
Getting Rid of an Unwanted Property
Hello BiggerPockets community, I am in a bit of a predicament at the moment. I have a property purchased about 2 years ago in Killeen, TX that is a huge headache to manage due to the area, tenants and the fact that I ...
Rebecca Rios
Automatic PMI cancellation??
Can someone help me figure out whether my PMI should’ve automatically been cancelled by now? I’ve read that by law it should automatically cancel if my balance drops below 78% of the original value/purchase price. Is ...
Alex Shin
From wholesaler to long term BRRRR Rabi
Hello All! I am new to the Real Estate game and am SO excited to submerge myself with this space and the people working it. The journey started with the curtains of ignorance being lifted when i heard Robert Kiyosaki ...
Dave Thomson
Should I eat into my savings for a good deal?
I've currently analyzed a solid deal that would result in a monthly cash flow of ~$615/month, and has a ~31% Cash on Cash ROI (used the biggerpockets rental calc). However, I'd have to eat into my savings in order to ...
Arthur Banks
House hacking - improvements out of my pocket or rental income?
I'm currently "house hacking" a 2 unit. I was planning on staying only one year before moving on to the next to repeat. But I may stay another year. Anyway, the question is since this is my 'home', I want it to look...
Brett Robinson
BRRRR Rehab Options for Higher Appraisal
I just bought a single family house with a finished basement suite. I didn’t buy this for a BRRRR but I think I could swing it. The basement is in good shape and upstairs is also not bad the kitchen could use some upd...
Josh Kraft
Purchasing a duplex with existing tenants
I am in the process of purchasing my first property to hold and rent and have ran into an issue. Both sides of the duplex are currently rented out, one tenant is happy and the other has run into some financial issues ...
Demian Sims
Selling our Condo or House to reinvest into a multi family... what say you?
Hello all, So we are in a rather good situation but would love to improve it by getting more revenue streams from rental properties. Our situation is that we purchased a condo at the height of the recession for 224,00...