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Scenario 1: 2 houses with mortgages, very minimal but positive return on both ($4k annual net profit) Scenario 2: sell 1 house, use equity to pay off other house ($14k annual net profit) Which one would you do? And why?
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Hello everyone! My name is Wynn Sri and I am a new member here on BiggerPockets. I have listened to many of the podcasts and searched the site over the last few weeks but decided to take the plunge and start interacti...
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Hey all,I am a new BP member from Tampa, FL. For the past 2 months, I have been trying my best to learn all I can from BiggerPockets (blogs, podcasts, etc.), and have been loving it. Last month, I found a partner and ...
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Hi All,My name is Erika and I'm an investor in New Castle County Delaware. Glad to see there are a few members from our small state:) I close on selling my first property in two weeks and boy am I glad to chalk this o...
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Hello BP,My name is Darryl Pitchford. I have been lurking through the site for the last couple of years and have found so much useful information. I own two SFH rentals (townhouses) in Virginia (Hampton Roads area). M...
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Hello Everyone me and my wife are new to this business I am 23, so I have many many things to learn. I look forward to working with you all. We just attended this past weekend the Fortune Builders 3 day workshop. Whic...
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hey guys. I live in Tulsa Oklahoma (south Tulsa specifically). I am married with 2 little girls and 2 dogs. I work as a lead product manager at Lumen technologies. In 2019 my wife and I moved from our home in Brok...
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I'm having a hard time figuring out what are the current rent rates in my market, which is Lehigh valley. My three main methods that I use currently are rentometer, comps from my realtor, and apartments.com. All of t...
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Hi All,I am looking to move from Chicago to Atlanta and I am not sure which strategy would work best in Atlanta (house-hack? or short-term rentals? I don't seem to find many MFHs for house hacking, also, might not be ...
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Investment Info:
Single-family residence buy & hold investment in Joshua Tree.
Purchase price: $175,000
Cash invested: $50,000
We purchased this 1955 2bd/2ba home on 5 acres in Joshua Tree, CA in...