I have a rental property that used to be our primary residence. We used a HELOC on that property for a down payment and some renovations ($285k) on our now current primary residence.Our rental property has a 2.99% rat...
I was just updating my portfolio spreadsheet and I noticed that our equity position for our portfolio just surpassed the 4 million dollar mark (the majority of which is split between a partner and me). When I saw that...
The recent default of Houston apartment-building investor, Applesway Investment Group, has raised concerns about the impact of rising interest rates on real estate investments. The company borrowed nearly $230 million...
Many people want to use wholesaling as a stepping stone onto "larger" things like rehabs and SFH rentals or commercial rentals.I have heard that an average rehab profits $18,000 and takes 4 months. That is $4,500/mont...
Hi,Firstly I'd like to thank the whole BP community for making a place with such great resources for RE rookies and vets.But I have been wondering, has anyone gotten burned by another forum member? Obviously I wouldn'...
Over the last year, I've been saving up money for my first deal, and have yet to do one. When I first started on the site I felt that I had nothing to offer, yet. After reading the forums and listening to almost every...
I'm wanting to enter a more restful season of life after sprinting hard that last few years. Syndications, in theory, sound like a very attractive option to me. I get how they work, but I wanted to ask you:1) Do avera...
Scenario: You and your significant other are traveling to a vacation destination by car and will be staying in a STR. One rental is a larger home, let’s say 2:1. It allows you to spread out and really make you feel at...
Announcing the BiggerPockets Conference 2019!!!
It's been 7 years since we had our last event.
This Conference WILL sell out!
While our final agenda is still coming together, when it's finalized you'll be the fir...
We found a 2 family property asking 115K. We will offer 85K and keep out fingers crossed he accepts. We have spoken to a contractor, for rehab. His estimate is 70K, that includes turning it into a 3 family and add...