I spent a few years in the mid west in little towns that mined lead. At one time, the real estate investors there probably thought “we use lead for everything, no way it could fail as a commodity. If I hold onto this ...
What do you do when you purchase a house, rent it out and then the market crashes and the house is no longer worth paying such a high rent rate to potential renters comaparing them to other houses but you are still s...
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Hi! Just purchased our 2nd investment rental property. Loan amount $304,000 7.3% interest (house value $600,000). Other rental loan is 3.5% $553,000 (house value $770,000). We can pay an extra $3000/mth. Could pay off...
So I have been listening to several podcasts, which are all awesome and super-informative. Can't think of a higher yield source. (See www.biggerpockets.com/show75 specifically) and there seems to be a mistrust or no i...
I am an agent in Hawaii and we have seen a massive drop of STVR buyers since rates when up, Rental income still covers the higher interest rates but seems buyers are gone. Just wondering if there are buys still out t...
I have two major issues with Bigger Pockets. Before I get to the issues I want to point out Bigger Pockets is a great website for networking, free information, investing strategies and many other things. Overall I t...
Hello,Looking for some advice here. I am not sure what to do. I live in one side of a duplex and renting out the other side. There is a shared laundry room. My current tenants have paid on time every month, and every ...
One of my properties I have amazing tenants; granted I do many nice things for them in return but they are amazing nonetheless.
As an example they gave us a hand made gift basket for Christmas with candles, body loti...
Hello! I have a four bedroom three full bathrooms property that is currently occupied. I charge these tenants $2000 per month for rent. I verified the fair market value with Basic Allowance for Housing at $2169.00. ...