Michael Baum
Fed cuts rates by .5%
Just announced. More than many thought including me. I figured 1/4 point then another in a couple of months.Should be interesting to see how things shake out.
Melanie Johnson
Pay off all Credit Card Debt Before First REI Deal?
Hi everyone! I'm new to the forums and to REI. I haven't done my first deal yet. Actually, my husband and I nearly bought a place earlier this year. That place fell through at the last minute, but although I was hugel...
James Wise
New Landlords - Are you prepared for the hate?
Being a landlord or real estate investor is tough. Not everyone is going to see things the same way you do. Things like evictions or rent increases are very sensitive subjects. Many people in our society want to vilif...
Scott V.
We're told to skip small deals and start big. What about lending?
Hey everyone, first post on BP but been lurking for a bit. I know many people on here have started their REI journey with single family and other small investments. Some "gurus" out there say to skip the small stuff a...
Dominik Perrenoud
How Do You Not Let Your Expenses Grow With Your Income?
Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
Steven Smith
Purchasing A 4 Unit Property With Negative Cash Flow. Bad Idea?
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
Scott W.
the danger of a 401k loan
I'm sure it's been discussed before but I'd like to tell something I see (correct if I'm wrong):a 401k loan should be among the last resorts for borrowing. reason being is you pay it back AFTER taxes. if you live in ...
Brian Garrett
What criteria do you provide realtors when looking for a deal?
I'm currently networking with realtors in my area in hopes of finding a solid deal.I'm looking for rentals and/or flips in Palm Beach County, Florida.Here's an example of what I'm planning to send them:- Single family...
Russell Brazil
What Is Your Net Worth Or Passive Income Goal?
This post was just inspired by @Jason Scott who just posted on FB how most people will never achieve $10 million, $100 million net worth etc (and theres nothing wrong with that) (Also, in like a decade on here Ive nev...
Adam DeShone
I bought a turnkey duplex with $0
Investment Info:
Duplex buy-and-hold investment.
Purchase price: $130,000Cash invested: $0
Acquired from a motivated investor moving out of state in late 2022, this duplex was turnkey upon closing. The previous own...