Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...

Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy).  Property taxes are already high, but ...

Hi BP Family! Where would you recommend living in USA to start house hacking and building a rental property business? The intent is to relocate from a high cost of living area like the Bay Area in California (although...

I just joined Bigger Pockets. I'm a buy and hold landlord with 6 properties in a middle class area of Atlanta. All are rented and rents are all $500 above PITI. So, though there's been some repairs, for the most part ...

I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...

Helping those who are starting out.

Hey guys, I would love to hear some opinions on my personal finances. I'm a 23 year old fireman in Texas. I make a decent salary and my wife is able to stay home with our two kids. We are able to live confortably beca...

I'm not going to get too inquisitive here, so lets simply use  the numbers below.  Please select the number that is most appropriate.  I personally have made more than $100K.Over $1,000over $10,000Over $100,000Over $1...

After reading Mr. Money Mustache for several days know that and The Richest Man in Babylon have got me thinking. If I could cut out my car payment I could save/invest a decent amount of money. 

Back in March 2013, BiggerPockets and J Scott collaborated to release two books -- The Book on Flipping Houses and The Book on Estimating Rehab Costs (check them out here if you haven't already). As part of the book ...