New investor (8 months in) investing remotely in Indianapolis. I currently own a SFH and Duplex both being managed by the same PM team.Apart from the expected late rents from C class tenants, the monthly maintenance c...
I'm torn between buying a few medium-sized multi family every year or just put my extra $$$ into syndications as Limited Partner. I guess LP in syndication will surely bring lower return than buy-it-myself, but how mu...
Hello Fellow BP'ers!So, I've been renting to the same tenants going on 3 years! Exciting, yes. Everything has been fairly uneventful with them - except for having to replace the whole HVAC system the first summer they...
It seems that the general consensus for a rental property loan would be a 30 year loan, and I used to agree. The idea is that you can use the cash flow to pay the loan if you want to, or use it for a higher returning ...
And how do you find them?Ok, I know that's subjective and very vague, let me backup and provide some context. We started our REI a year ago with one single family property with a popular Memphis turnkey provider on th...
I am writing this as a new investor, to draw out my steps for action. Some I have already completed/are completing and others are what the near future looks like. Comments, tips and advice are welcome!
1. Start analy...
My recent BPO from WaMu was a drive-by, they didn't check the inside of the home.
I've been told that the next one will also be a drive-by...they don't reveal when it will be done, and there's no appointment set beca...
Hey everyone! I have been struggling with one aspect of the BRRR strategy which is the refinance after re-hab. I see a lot of value in aggressively paying down the mortgage with the excess cash flow and personal incom...
Hello lovely Bigger Pockets community members! I am finally under contract with an awesome house hack duplex! After a year trying to buy north of Seattle we finally got something. Here is the problem. Closing is set f...
Hey All,I recently purchased a duplex that I am house hacking in Austin, TX. So far, it's been a good decision in that I've been able to learn landlord basics, how to do a cosmetic rehab, and live extremely cheaply. W...