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Hello newbie here looking to buy my 2nd rental prop. I own an out of state condo in Louisiana; estimating it's value at around $75K conservatively. It has been bringing in $800/mo rent for some years now. I've been...
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Doing FI (financial independence) math is simple when you're only invested in stocks/bonds. Knowing your savings rate, and expenses + using tools like Networthify/FIREcalc get you there pretty quickly. MMM talks about...
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I'll likely write about this on the blog in more detail, but this week I closed on a refinance of the last private money balloon that I had... Brandon Turner tells me I can retire now, and while I don't know about th...
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Good Evening Bigger Pockets, My wife, and I have twice saved the capitol it will take to purchase our first property. However, as soon as we manage to save it, an "emergency" would deplete our resources. This has ...
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Without giving a lot of personal details, here is the situation:
Student loan $100,000
Monthly payment on student loan $1,000
Monthly income available to throw at student loan $3,000
Should I:
A) completely pay off ...
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Hey everyone, over the last two years or so I have been trying my hand at wholesailing with no real success, now I was at one point in time one of those newbies who was gullible enough to believe that you don't need a...
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Hi everyone!So My fiance and I bought a SFH in an A class neighborhood with a VA loan and little down last year when the market was "hot". Needless to say, almost immediately we realized what just happened. We then re...
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Hi BP community I would like to know if anyone has bought properties under individual names and then adding LLC or entity name afterwards and sell it under LLC. I have been buying homes under individual names solely ...
Hello everyone,I have been getting great feedback so far so I decided to reach out for help again and post another question. I have screened my first tenant and after review i decided i wasn't really sure what an aver...
I have two deals in front of me where the borrowers will not participate in a short sale but are willing to deed their properties to me. Neither property has had any foreclosure actions or collection activity. Neith...