
8 November 2018 | 100 replies
Just like what you have accomplished is to be commended and emulated.right now going into a cycle were real estate is pausing a bit in some markets.. little to no debt is a very nice feeling.But most cant do it these days because they must have debt to scale so there is a balance..

10 October 2018 | 5 replies
@Ashton Sharp nope, the payment is calculated according to the balance of the line, so a $0.00 balance equals a $0.00 payment.

10 October 2018 | 5 replies
When you place the new mortgage on your property, use the proceeds to retire the balance on your LoC.

10 October 2018 | 0 replies
So in essence I would still be adding to the heloc.I can flip it and clear 30k to pay down the heloc as planned, but lose a potentially good rental property.I am conflicted....flip or plan as cash out.I also have another rental that I could do a cash out and reduce some on my heloc(interest only) and still cover note/expenses.I do not like the idea of a balance on a heloc since it is interest only and is currently up to 6.5%Cash out and reduce some of the 6.5% interest only to a fixed 4.77% and paying down with each payment.

15 October 2018 | 34 replies
I would never waiver on evictions or unpaid balances to other landlords.
25 October 2018 | 193 replies
Account Closed I'm maxing out on the pre-tax contribution amount every year, my employer matches 5% of my pay contribution, the markets would have to have an average loss of -15% every year for the next 25 years for me to end up with a balance that consist of just my payroll contributions.I think those numbers on the charts you're listing are for people working low wage jobs and probably contributing a few hundred dollars a month to their 401K plans, in that scenario putting 200-300 dollars a month away is something that will help but probably not going to be enough to live on in retirement.Like many have mentioned on here you have to be diversified with Real Estate and various aspects of the financial markets, If you're heavily positioned in one market or the other with no diversification you'll end up in the average pool of investors.

14 October 2018 | 5 replies
Then insulation, then drywall, then paint primer, then flooring, then cabinetry and interior doors, then base and case, then the balance of the finish work.

13 October 2018 | 4 replies
Minimum loan balance may be an issue.I'm not a lender, but have looked into the no seasoning products for my own portfolio.

13 October 2018 | 15 replies
Most people on BP have forgotten about that investing is about finding a good balance between all three sources of wealth, not just the cash flow one trick pony.

16 October 2018 | 7 replies
Did a balance transfer and finished the job.