John A
Entrance stradegy and what rate to accumulate?
Hello all, I've been reading archived posts here for a while and decided to join. This is my first post (on any forum ever).
Quick background:
I am 27, married, no kids yet. I work in commercial construction and ha...
Sam Huang
Financial freedom goals. Accumulation phase ongoing. Payoff next?
Family goals:
We are a family of 4 (2 kids), living in CA. Our goal as a family is to move outside the US in the next 3-4 years and live half way around the world for the foreseeable future (5+ years).
Financial g...
Axel Lafortune
Negative Cash Flow VS Equity Accumulation & Tax Benefits ?
I'm in a Hot Market with high prices where Cash Flowing properties are rare (Montreal, Canada)
Would you be willing to take a deal with negative cash flow for the first 5 years (2-5K $ per year) if it offers:
Apprec...
John Paul Terragnoli
Secure way of accumulating money for joint venture / LLC
Me and five friends are looking to buy a condo to use as an Airbnb. We’d like to form an LLC, each contribute our money to the LLC, then buy the property in cash. Once we have the property we will consider a refinanc...
Dave Delgado
Newbe question: Learn, generate, accumulate and wait to pounce?
Hello,
Just getting started in RE investment knowledge and wanted to see what you think of my current strategy... The market is ultra-competitive both locally and seems to be nationally as well. By ultra-competitiv...
Eddie L.
How to feel comfortable accumulating so many rental properties?
Hi fellow investors. I wanted to see where everyone's risk tolerance is with accumulating multiple rental properties over time. I currently have 2 rental units (fun and addicting!) but I am a bit hesitant to keep goin...
Jonathan Mahan
Payoff fast vs. Accumulate fast rental property strategy. Help!
Hey real estate gurus,I've got a math problem I could use some feedback on. Struggling between two plans. Please let me know what you think, and if there's a third option I'm missing, I'm all ears.Current plan: Purcha...
Andrey Y.
Are you a Prodigious or Under Accumulator of Wealth?
I am reading the book "Millionaire Next Door" which had been rec'd by a few podcast guests if I recall.They discuss the following formula as a guide to what your net worth should be:Multiply your age times your realiz...
Darius Tracy
Where are you storing accumulated capital until next investment
Me and my wife practice many of the principles that we have learned along the way through the help of BP money podcast, countless books, and other resources such as a high savings rate and living a lifestyle well belo...
Doug McLeod
Quickbooks - how to add previously acquired asset and accumulated depreciation
Hi BP folks - any Quickbooks DIYers out there?I just started doing Quickbooks effective 2014 and got some help from a bookkeeper to do the journal entries from the HUD1's to add the rental house assets I purchased thi...