My mortgage rate is very high and I would like to pay some of it off, so that my monthly payments would go down a bit, I dont know if it is financial smart to do it or not? any advice on paying mortgage off or faster
How can I earn some extra cash yo buy my first investment property? I want to build up some capital to purchase a duplex to get my foot in the door of the real estate business but I need some good ideas to get the cas...
Like a lot of newbies here, I was surprised to find that operating expenses run about 50% of your rent collections. My question is, what do you do with all that money. Obviosuly you are not spending hundreds of dolla...
Hey everyone, brand-spankin’ new to this, first off let me start by saying i have no money to my name. Not something i’m necessarily proud of but also something i’m aware of enough to try to make a difference and that...
Would anyone want to give advice about how to obtain your Real Estate License in Indiana? I am a little confused on the process.
So I am looking into making my 2nd buy-and-hold rental investment soon and wanted to get your thoughts on what makes more sense on the loan for a 115K SFH.Option #1 - 20% down payment (23K) with a 6.375% fixed 30 year...
People often ask me why I choose to buy investment properties and other real estate. The answer is simple:
Labor is finite.
We can only work in the present, and once that time is gone, it’s gone for good. If you tak...
I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
Hello BP,I have a question, is there any difference or benefit in making an extra mortgage payment monthly ($1,000) or just paying a large payment equivalent to 12 months ($12,000) at the end of the year? These are pa...