I'm a newbie and looking for advice. My wife has recently received 100k from her employer. We are considering purchasing our second income property. My wife likes the idea of paying cash for a property in the mid-west...
assuming you have a income goal of about 500,000 and an annual average savings rate of 40 to 60k. would it be faster to leverage 50 or so property's or pay in cash one by one and just save the cashflow each year
I'm in California Bonus, how would you invest
I'm in the market to buy a new house and am looking for some thoughts on the pros and cons of 15- or 30-year mortgages. My husband and I paid off our current home's mortgage in 2008, and it's been a great feeling to b...
I know this is based on the goals I have for my self but a general rule of thumb, after deducting expenses from my cash flow, should I
A) Use the extra $ and put it in the mortgage
B) Save, save, save to buy anoth...
Hey guys when you fix and flip a house and make a profit what documents do you need handy when filing your tax return.?
Greetings all,Just wanted to introduce myself. Been a podcast listener for a long time. This is my first purchase. Although I intend to build my portfolio generally in the Delaware, Ohio and Columbus Ohio areas, my fi...
Is there a way to defer some rental income into some kind of retirement account when retired?
Lets say someone was able to live entirely off savings for a year, could they somehow put their rental income into a defer...
Hello everyone,I have a situation and I was hoping to get some ideas on how to proceed. I was originally planning on purchasing a home with cash, but due to some circumstances with potential job relocation in the near...
So I have been around BP for about a month now. Every day I learn something new, but I don't get to post a lot because I usually look at the site on my Android device. Unfortunately, it doesn't work so well with BP fo...