I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
Everyone is asking how to get into RE. I want to know - how to get out? It was fun while it lasted, but I'm kinda done...Any ideas?I've had oil on my mind lately, and Serge is no freaking help. Should I maybe buy s...
Hi, I'm considering joining a mentoring program run by a successful local wholesaler to help me develop a wholesaling business. In addition to counseling and reinforcement, the mentor would offer me contract forms, ac...
Hey BP! Wanted to share a quick story and our progression for anyone who might find it useful. None of this is intended to brag, as there are many more amazing people than us out there. It’s just here as an example o...
Has anyone on this forum had experience with this company? Paradigm Life claims to use Whole Life Insurance Policies as a financial tool and since i trust this community, I am reaching out to get some referrals.
Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine!
Calling all finance savants: What money-saving strategy do you swear by?
By responding here, you're allowing us to print your nam...
So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
I was picking up the rent from one of my tenants tonight, and it occurred to me when they pulled up....every single one of my tenants has a considerably nicer car than me. Also almost all of my tenants (Except the one...
According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...