I got an interesting question from a 25 Year Old the other day and I thought I would post the topic here to see what others thought of my advice and what I got right /wrong.My first thought after hearing the question ...
Hi. Not sure if this is the right forum for this discussion. Do you ever sell? We’ve focused so much time, energy and money on acquiring buy and hold properties but where does it all end? At this point most properties...
I currently have some capital to my name and am trying to reallocate my funds to start a real estate portfolio. I'm a one income household and am looking build a solid foundation for my family before I take on more r...
After researching different retirement accounts, I've decided that a self directed solo 401k plan is a good fit for me. I have self employment income and no w2 employees. When I search for how to start an account, I g...
Just looking for opinions. I don't think I have the stomach for the rental business and risk in general but also understand that you cannot get ahead in life without taking some risks. As of right now, it seems as if ...
My mom had a stroke in April which has eliminated any possibility of her ever returning to her extremely stressful 7 job. She is still technically employed and earning an income while she still has sick hours, and she...
Let me start by saying that I have been lurking on this website for months and love it and feel that I have learned alot. I have also been reading books that have been referenced in this forum. Ok a little history on ...
So been a lurking in bigger pockets for a few years. I would like to purchase a property within the next year or two. However I have a few reservations. Currently I am working as a cashier. I am 30 Years old. I dont ...
Hello BP, I will try to be short and concise. I currently reside in a townhome with approximately 200k equity! 1st Lien Heloc of 300KGoals: To acquire as much rental cash flow/assets as possible in the next 5 years p...
Above are actual numbers that I tracked on Personal Capital and graphed using http://sankeymatic.com/build/.I just hit a 50% savings rate of my after tax income! A high savings rate is stressed in Scott Trench's book...