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My dream when I went off to college was to live for free, and achieve the American Dream of owning my own home. In 2007, I bought my first house in Tucson, AZ. I rented out three of the rooms and at 18 years old I was...
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Have been looking at a few properties but haven't been able to make the leap yet. Hard to part with money in the bank and get into another mortgage.
That said, our position is good. Plenty of cash - I have around...
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Not sure if I mentioned that today. Yes, I am 100% invested in Index Funds , and yes, I am staying the course (Probably take years to recover the losses), and yes I believe in "Buy and Hold". It just stinks to see ten...
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All of our rental agreements are month to month. To incentivize people to stay longer, we charge a move in fee that can be added forwards the refundable deposit if they stay over a year. Example: rent is $1000, move i...
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Hi All,I'm hearing from multiple sources that a potential economic downturn is likely to take place in the next term. Everyone has a theory (China's recession, Brexit, cyclical nature of the market, etc.).I figure th...
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I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
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Hi All! I've been in the bigger pockets community for a while now but havent been very active. I have a full time job but my wife and I are looking to get into the lucrative business of real estate to hopefully leave ...
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I just left this message below in reply to a forum post recently. I thought I would share it with all here to document my path and to inspire others to follow a similar path and stay away from late night guru garbage...
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My husband is convinced we have to be making $200k + a year before we can start investing. I KNOW that isn't the case. I have met a few that started with very little and built their empire over time. When you first st...
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Hello all, my apologies if this questions has been brought up more than once during recent times. Based on your overall market expertise, what are the top cities to invest in real estate right now? To clarify specific...