Chris McDonald
Buy 2nd Rental or Pay off 1st?
I recently purchased my first rental property (Duplex) for $65,000. I had to put 25% down for a 30 year mortgage so I still owe just under $49,000. I do have an investment mortgage on this property because I do not li...
Sam S.
Private mortgage option - 20% down. Good idea?
Hello all,
New to the forums. I have the opportunity to purchase a home via private financing. Terms: Downpayment - 20% Interest - appx 5% Time - 20 yr
The person providing the financing is allow...
Taylor Robinson
Newbie Investor San Diego Buy and Hold Strategies
Hey guys! First off I'd like to thank the BiggerPockets community for the wealth of information provided. I am extremely new to real estate investing, but have learned more from this community in the last few months t...
Krishna Chava
Nightmare with plumber: He threatens call authorities.
Long post but here is summary: I refused to use a plumber's service and he threatens to report code violations in my property to authorities!I own a fourplex in Irving and I called a plumbing company yesterday (12/23,...
Russell Gronsky
Syndicators love the IRR
Why do syndicators focus so hard on IRR? If you have a specific return you are targeting, wouldn't PV be a better metric to calculate?
Kristy Wagner
Chicago Auctions
Hi there,I am interested in pursuing auction properties in Chicago, but I understand the competition is steep. Has anyone successfully purchased a property at auction and have any tips/advice? I am trying to underst...
Account Closed
First Rental Property Analysis
Hello all! I am looking at analysis my first property I want to purchase off of the MLS. It is a 3/2/2/ BRICK build in 1997. The numbers are below.Purchase Price 91,0002015 Taxes 2400 ...
Joey Smajd
First time making an offer on an REO any suggestions
Here's my first REO Deal:
I live in West Central Georgia on the border of Alabama attempting to make my first offer on a 2 story in a decent neighborhood that has only been on the market for 2 weeks:
Built 1967
4 b...
Sandeep G.
seeking urgent advice for investment property
Hi all,i am buying an investment property near downtown Orlando(zip 32805).the house was built in 1966..no major issues with the rood or the property overall(1100 sq ft duplex) and it might also give me a positive cas...
Mark Gruetzmacher
IRS Liens and Selling a House
Here is the situation. Dad passed away and there is an IRS Lien on his name. He owed a house that is worth 30-50K maybe. Lien is in the upper 20k range. The lien has been on file since 2103 so in 2023 the lien is ...