This white sounds like a silly question, What is it ever a good idea to do a cash out on a free and clear rental property just for the sake of locking in some cheap money? Even if there's no immediate plan for it. Fig...
Hi all, I'm new to BP and have seen a few posts that refer to the rental class. How does one determine what class the rental property is in? Obviously, location, but am I seeking out specific numbers, and if so, which...
Hello, I need some advice from "smart" money people on what to do in my situation... It's a good option that I have I just want to do the right thing.. I am currently 34 yr old live in Fort Myers FL and bought a house...
Hi All. Name is Eddie and I'm from the North San Diego area, which includes Carlsbad, San Marcos, Encinitas, etc. When I'm not at work or chasing the kids, you can find me in or on the water.I'm a forty-something Wa...
I am Drew. This is my first post though I have been reading bigger pockets for a couple of years.
A little history. My dad and I have 20 single family rental units (about 80% owned free and clear). We rent these for...
I have been pondering this lately. I'm still in the education and learning phase of my journey, and I'm about one year away from purchasing my first property.My wife and I like to earn hotel points and frequent flier...
Hey everyone,My name is Aaron Nelson. I recently joined BiggerPockets after reading Brandon Turner’s book, The Book on Rental Property Investing. I am a 31 year old pharmacist and live with my wife and 10 month old da...
Hello,I wanted to ask for everyone's input in this situation: we made an offer on a bank-owned property and it was rejected. The offer wasn't super low and the property has been on the market for a while. Our thought ...
I've been looking at multifamily homes for the past few weeks with my realtor. I have found one that peaks my interest. The location is good, rent is solid and price is decent. My next step would be to make an offer a...
Hello, I am trying to purchase a 3 unit rental, and I asked the broker for a 20% down, 30 year mortgage, since I want to save some money (instead of 25% down) and fix the roof. This was his reply:The bank is offering ...