John McKee
Is anyone using all interest loans as a strategy?
I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
Greg Moore
Anyone moving their investments to Bitcoin?
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
Dmitriy Fomichenko
Self-Directed Solo 401k for Real Estate Investors – Q&A
Over the years I’ve seen many questions here on BiggerPockets forum related to various aspects of using self-directed Solo 401k real estate investing. But the challenge is that those questions are spread out across pr...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Samson Kay
Rich Dad Poor Dad Thoughts?
On a vacation to Whistler this past week I managed to read Rich Dad, Poor Dad (in between shredding the slopes) and thought that it was an interesting read. The concept of the rich buy assets versus buying liabilit...
Nathan Gesner
Tenants owe $17,000 in rent; Landlord sells for $70,000 loss
I expect to see more of these in the near future. The COVID moratorium is one of the worst actions taken in my investing history and will cause a lot of Landlords to walk away, file for bankruptcy, and more. As the ge...
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
I hope to provide an informative account of how I was able to scale to 92 units in 16 months, leave my W-2 job and truly find my passion.Back Story:I am 33 years old, I am married with two young (1 and 3) children. My...
Nikki Closser
HELP US! No rent to be paid for more than 6 months in Seattle!
Seattle passed a bill that extends eviction protection for renters for 6 more months. So, basically you don’t have to pay rent for 6 months AFTER the city reopens. This could absolutely wipe out small time landlords l...
Christopher Morris
Is Relying on Cash Flow Feasible?
Listening to all of the podcasts and reading the BP books / Rich Dad Poor Dad types makes it seem like building a portfolio and scaling smart could lead to early retirement and living on cash flow that ultimately repl...
NIcholas Hamel
Does Velocity Banking work????
Hey everyone ive been hearing about and researching VELOCITY BANKING alot lately. Seems too good to be true. Any of you experts have experience in this field and can confirm or deny? Thanks everyone!Nick