Debt or Leverage of Low interest, what is best plan before retirement?we live in California, have primary home and a rental home. I have 530k balance primary home first mortgage locked 3.5% for 30 years (PITI=$3263), ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/716772/small_1621495985-avatar-roberte50.jpg?twic=v1/output=image&v=2)
Heres the short version for you who TLDR.I never bought a house before. Bought 2 in one day, 3 in one month. Learned all I needed to know right here on BP. Used all the calculators here on BP to figure out the deals....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/176/small_1621345388-avatar-scottficek.jpg?twic=v1/output=image&v=2)
Even though this is a realtor question, I am hoping this forum can maybe shed some thoughts on this topic.
In the Minneapolis/St. Paul, there are about 5 Realtors that have 90% of all the REO listings. They develope...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/39486/small_1621391301-avatar-vkrmca.jpg?twic=v1/output=image&v=2)
Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/112419/small_1621417518-avatar-fskcramer.jpg?twic=v1/output=image&v=2)
To borrow or not to borrow, debt free is the way to be etc etc etc. The way I see this is a risk vs reward. How do you decide though where the risk is to great or the reward to little? How do you decide to purchase a ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/212657/small_1621433614-avatar-biggerjoe.jpg?twic=v1/output=image&v=2)
This is continuation of my first post 7 months ago about my love for STR (short term furnished rental) when I started with just 2 Airbnb listingshttps://www.biggerpockets.com/forums/61/topics/552...Now, I'm at 6 total...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/696308/small_1704942933-avatar-homes4income.jpg?twic=v1/output=image&v=2)
After selling rental properties to investors for 20 years, the common denominator why people hate rentals is because they don't like managing the rentals. I always tell investors to spend their time educating, improvi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/169444/small_1621421071-avatar-formerinvestor.jpg?twic=v1/output=image&v=2)
I'm a big fan of big data. You might even call me a fanboy when it comes to the benefits of big data as an investor. With big data I am able to reduce my costs, better manage my assets and as was recently pointed o...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/752016/small_1621496671-avatar-mikeh360.jpg?twic=v1/output=image&v=2)
I have read through a lot of forum post about the topic of wholesaling (the latest by @Brittany Witt) and it seems like the argument of wholesaling being legal/illegal could be squashed once and for all by getting you...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/196047/small_1621432482-avatar-herrington2828.jpg?twic=v1/output=image&v=2)
Let's talk about investing in OntarioWho on this site is involved in Ontario and whereabouts? GTA, Northern Ontario, Southwestern Ontario, Hamilton, Barrie, Niagara?Who is local to Ontario and whereabouts?Who invests ...