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22 January 2025 | 3 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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24 January 2025 | 1 reply
Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.
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25 January 2025 | 12 replies
I personally do not have experience managing rentals.
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10 February 2025 | 10 replies
i think this is a decision only you can make. im in a similar boat (house hacking my primary) and considering renting the whole thing out to get a solo home for myself. certainly a lot of appeal in that, given how much work goes into the house hack. but whether or not the numbers on cash flow align is up to you. personally i dont think $150 (seems like about 12%?)
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22 January 2025 | 2 replies
Account holders can't take any write-offs personally for investments made in the 401k.
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20 January 2025 | 9 replies
Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required).
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10 February 2025 | 6 replies
This is one of the best ways to scale a portfolio while keeping low out-of-pocket costs.Big Picture: The Best Move for You•If you need funds now, a HELOC in your name makes sense—but keep the rental in your personal name to avoid triggering the due-on-sale clause.
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10 February 2025 | 9 replies
I highly suggest as many in-person networking events as possible!
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1 February 2025 | 9 replies
I started my jouney here in 2011 and I am still learning everyday - especially from others on this forum.My personal portfolio is located within Stamford and Bridgeport.
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27 January 2025 | 15 replies
Be prepared to follow up multiple times, using different forms of communication—calls, emails, and if possible, in-person visits to their office.