1st question - What is the best "length of term" for a life insurance policy?My understanding is that I can choose how long to set the contract, but the longer the term, the higher the premium. My premium would be on ...
Hey everyone.
My name is Boris - over the last few years, my wife and I have built up a portfolio of properties in a handful of cities around the country that we run as short-term and mid-term rentals. As we both com...
I have found an apartment complex for sale for about 2 mil. I want it! I have no experience with commercial properties and bad credit. The place needs tlc but already has 55% occupancy. Something like 45 1 br's and...
Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...
I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
I have a question... What do you do after you got enough property?
Hey BPers,So I've been brainstorming about how to start stacking up my finances to come up with a down payment and I came across something. I'm freshly out of school and I have a good paying job but it still takes som...
Your profile:
- no assets
- no liabilities
- $10,000 in your bank account
- $20 minimum wage 9 - 5 job
- Location: Seattle, Washington
- connections already established with vendors, education, lenders, and...
What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...
I'm working on purchasing a vacation rental in my hometown that is very seasonal, approximately 9 weeks of solid summer bookings and intermittent bookings throughout the shoulder spring/fall months. One of the compani...