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In one podcast I listen to on investing they discuss the concept of "equity harvesting" on their properties. The idea is simple, as your tenants pay down the mortgage and the property (hopefully) increases in value th...
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BIGGER POCKETERS - New investor here 👋🏽...I’d like to hear experiences from those that have built their portfolios the traditional way - finding a good deal, putting the required 15-20% down and renting it. I’ve had n...
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Hi everyone, what percentage of my monthly rents should I be putting aside for future expensive repairs like roof, furnace etc.? For example, if my rent revenue was $2,000/month with $1,000 going towards mortgage, wha...
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Hello all,
I am new to this community, and I want to ask the more experienced investor out there, I am a new investor, I want to start with a duplex/fourplex but wondering if is better to payoff my mortgage before s...
I've got a subordinate agreement on a parcel to develop into roughly 200 homes plus or minus and to be done In phases.
Have any of you done any JVs with dirt contractors or found a bank that will finance phases of th...
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Hello everyone,
I just found the bigger pockets podcast and joined. I’ve been loving the content. I have been using a Heloc to purchase a few properties because I don’t have a load of cash. I understand the numbers ...
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So I'm looking for opinions / advice / tips on a duplex I house-hacked back in 2018. Here are the numbers:Purchased for $349,900, plus $25k in renovations.Refinanced for $425k (currently owe $375k)Currently rented for...
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Over the past few years I’ve multiple books and listened to hours of the BP podcast to gain enough knowledge to start investing myself. I believe I’m in the analysis paralysis phase and I want to break out of it. I re...
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We are ready and looking to buy our first rental property, but are also considering moving to another primary residence in the near future now that home prices are decreasing slightly. Is it possible to do both?We bou...
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My tenant has been making a long list of maintenance request since past one month when I have denied their request of adding one more pet citing HOA max pet policies. The last request is for HVAC maintenance based on ...