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Hi BiggerPockets,My wife and I would like to share our first successful land flip. The deal:Purchased the property for $3000 paid the back taxes of $2200 and the closing costs were ~$700, so total investment was $590...
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I'm writing this post to track progress of my first attempt to BRRRR a property in Baltimore City (it is a length post). After two years of reading books, studying BiggerPockets, researching neighborhoods in Baltimor...
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Hello, I currently have a portfolio of 7 properties (mixed SFHs, duplex, triplex, quad), owned free and clear, each held by separate LLCs (formed Jan 2016). The problem I am running into is that most of the tradition...
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So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...
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I see no compelling evidence that buy and hold forever can produce real returns on capital north of what can be had in equities markets with very few exceptions. Please try to poke holes in my arguments below. Id love...
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I was listening to one of the BiggerPockets podcasts a few months ago and I think the guest mentions he adds the Reno to the closing disclosure (hud-1). Would this allow him to rate and term refi and include the Reno?...
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I lost my job this past Tue. Any advices on what to do with my 401k?
Thanks
- Chi
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
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I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...
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Ok, these guys inspire me, and the show is great, but not being in REI very long, what is fluff, what is drama, what is the director on site telling them to do, stage, etc.
Any comments?