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8 December 2022 | 5 replies
I am still working full time as an electrician but ultimately looking for that financial freedom we all are after.
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26 November 2022 | 2 replies
Hello everyone,Haven't posted much in a while, but was thinking about the ups and downs I've personally experienced in REI and how I stayed motivated when financial freedom seemed so far away in the beginning.I remember my first BRRRR...I spent every dollar in the bank (I was also working a 1099 job to cover personal bills after getting laid off from a W2 job).
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3 January 2023 | 16 replies
I’m an avid fly fisherman and want to get into rental properties for financial freedom.
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14 November 2022 | 11 replies
Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/...Read about the power of leverage.
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9 November 2022 | 9 replies
I also understand the power of commercial / large multi family investments, considering my family's multi-family home is under an LLC, but I also see how much work it can be.All in all, it would be nice to hear from anyone in the BiggerPockets community, specifically- what everyone recommends as the best way to get started in NJ, what makes sense for my situation, and what areas do you see the most cooling / opportunities in.
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17 November 2022 | 52 replies
Right now there is so much opportunity, don't handicap your buying power
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5 December 2022 | 11 replies
The simple but not perfect math is that every 1% increase in interest rates translates to a 10% decrease in buying power.
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22 November 2022 | 56 replies
I will increase my networking and knowledge power.
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4 November 2022 | 8 replies
Solar loans are 30-50k and I believe that amount of money can be used to upgrade the homes bathrooms, kitchen or square footage instead of saving a few hundred dollars on power bill.
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11 December 2022 | 12 replies
The old gravity furnaces on the other hand, I don't hate (except fo the asbestos tape around the duct work and it's not usually a problem if you leave it alone)-- They are very inefficient (60%) but there is nothing at all to break, they work even in a power outage, and they put out serious heat.