Hello,First post and want to say I think this site is awesome. I am a newbie and would like to get some advice on a specific situation. I'm a novice real estate investor but have owned both my home and investment prop...
I had a call today from someone who filed bankruptcy and is making payments on it. It won't be discharged until later this year. Based on our phone conversation, they had a bunch of past financial problems and their c...
My husband and I just met with a Financial Planner who had the deer in the headlights look when we talked about our rental properties and real estate notes. We are about 3 years from retirement and trying to get as mu...
My fiance and I are looking to acquire our first REI. We are looking to do a house hack to get started in investing. The main problem we are facing is financing. We have the money for a down payment and the basic item...
Hey BP,Not a question or anything-just an anecdote.In preparation for tax season I was glancing at old tax statements and couldn't help but laugh at my younger self. I started working at 17 (2007). Between 2007-2011 I...
Hi fellow investors,
I recently inherited a fully paid off investment property, I estimate it's worth $500k. It is currently cash flowing $1300 a month. I have student loan debt from grad school with a balance of $16...
Let me start off by saying that I am NOT a financial or legal professional and none of what you are about to read should be construed as either financial or legal advice. Always consult a qualified professional.At my ...
Hello BP Family,I joined last year shortly after stumbling upon the Bigger Pockets Podcast, bought some books, considered going Pro, read Set for Life, and decided I'd pay off some debt first. Well, I'm back! I paid o...
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the ass...
Hello! So I finally finished our property wide portfolio analysis. Here's an example of the 2022 KPIs I'm measuring for a few of the properties in the portfolio. A couple important notes on calculations and definition...