All Forum Posts by: Eric Sipe

@Monty McLamb

Hey, travel nurse here. A lot of the coworkers I've spoken with (and myself) use Furnished Finder almost exclusively at least here in the Tampa Bay and Orlando area.

Using our agency to find housing for us is way more expensive than finding it ourselves on FF.

Naturally, I'm sure there are benefits to going through the agency, I just don't personally find it to be all that appealing.

Feel free to reach out if you want to ask me any questions about what travelers look for in homes!

Best,

Eric

@Robert Lee

Hello! My immediate thought would be a high-yield online savings account (one that's FDIC insured).

While it certainly won't make you money, it would be easily accessible for when you want to pull the trigger and it would be safe.

Hope this helps!

Best regards,

Eric Sipe

Melanie Johnson

Welcome to the BP Forums! If I were in your shoes, I'd lean towards aggressively paying off the credit card debt and THEN saving for the real estate investment.

I personally saved enough to cover half of a years worth of personal expenses and enough for a property (a downpayment, expected repairs, and closing costs) before purchasing my first investment property. Each situation is different, but CC debt gives me chills and there are so many upsides to paying down that kind of debt.

Either way, best of luck in your financial journey!

Best wishes,

Eric Sipe

Also, the Google Sheet is essentially an online form of Microsoft Excel for all intents and purposes. It is the only way I knew how to share it with you folks.

Hello! I made a calculator using Google Sheets for my upcoming house hack. I just want to know: A) If it works properly; and B) If you think I should make changes to it for the betterment of my financial future. Once you click the link to my calculator, the instructions for use are on the right highlighted in red. I want to be able to use this for a duplex, triplex, SFR, or whatever I want to house hack.
I figured that if anyone would know if it is up to par, it would be you guys and gals.
Thanks and please feel free to leave me a reply with suggestions!

Eric

@Aaron Bonne

Goal: $625,000

Vehicle: REI and long term index fund investing

Current: -$53,000 thanks to my younger self being financially unintelligent (whoops)

@Alexander Lang

I'll have to give that some thought!

And yea, the company I work for matches 5% for 403B (similar to 401K).

Thanks!

@Tanner Marsey

Yea, I heard another way to do this too. Basically you buy a car every 15 years. For the first five years, make x payment on the car and it is paid off. For the next 10 years, make that same payment but to some type of investment. Like Vanguard index funds, real estate savings account, etc.

There are so many options out there, it is just a matter of figuring out what is best for me I guess!

@Caleb Heimsoth

I want to hear any advice! I appreciate it. My car loan is about $10,000 at 2.64% with monthly payments of around $190. Would you still say pay it off/sell it? Thanks again!

@Theresa Harris

I'll have to ask if they charge a fee for it. From what I gathered from their paperwork, they do not (other than the interest payments of course).

I am going to house hack a house or duplex pretty soon! It is about time for me to start looking at properties. Until then I am living with my brother and sister-in-law. Thanks!