I am a real estate broker and investor who's been investing since 1999 when I bought my first property at 19. I have always had 80-90% of my total net worth invested in real estate and the rest liquid as a cash reserv...

Hello BP community!I recently used HELOC from my residence to purchase a rental house. Seller accept offer at 10/20, but it looks closing date will after 1/1/2019.  Obviously, HELOC interest start from Nov., there are...

Retirement plan question here: This question is not real estate related. It's related to retirement plans through your employer (if you're working full time). I just graduated college in May and started working full t...

It is pretty amazing to me how much money can be stuffed away in tax-advantaged accounts if you structure things properly and avoid controlled group issues.  What is becoming increasingly clear to me is that the contr...

What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...

I am getting a cash out refinance mortgage on one of my rentals and will be using the cash to rehab another property to rent out. As I understand it, the appraisal fee and some other closing costs are not immediately ...

As we approach the beginning of the third quarter of 2020 it is apparent that we are in an unprecedented time in the market with historically low interest rates and uncertainty in the market surrounding COVID-19. As a...

Hey everyone,
I've found a property, settled on price and received a quote for a loan: 3.5% 30yr. But I had some questions revolving around strategy and how to allocate money.
I can currently save $1K/month from my ...

Hello-I met with a Financial Advisor from Fidelity to go over my retirement accounts. Currently, I have a Roth IRA (that I contribute monthly) and a 401K with my current employer (company matchs up to 5%). I will be t...

Hello everyone,I am having trouble getting answers regarding a split use property that I am about to purchase. The property only has one house number and per appraisal is a single family residence. However, there are ...