If you pegged your monthly freedom number at say $10k/month or $120k/year (the amount that covers all your bills, and little extra), it can seem daunting or nearly impossible to achieve that investment by investment
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I understand that I need to hold the tenants security deposit in a separate account... I was thinking of putting into a high yield savings account 1.9% or possibly putting into a 12 month certificate of deposit at abo...
Hi Fellow Members!This is my first post and my first month of being on BiggerPockets and I am so excited about all of the things I've learned from all of the podcasts, forum posts and blogs I've read so far. I am SOLD...
I recently built a house and with the loan it was for 300K for 30 years . I have heard of you make one extra payment per year to principal it would cut down your loan to about 18 years. My question is does anyone know...
Is it customary to have the property management company to keep the rental property deposit and earn interest on it?
If I receive for down payment from an family or private investor. How would i structure a deal?? Would be formal contract how/where/why anymore input 👍And how much return would they receive all fairnessCould it be mul...
Hi everyone,I currently own 14 units using conventional lending. I am now looking to start scaling and looking into the idea of taking on debt partners but curious how it works.My current understanding is a debt partn...
I currently own a 2 family worth 650K, that I owe 310K. I rent out both apartments and break even after all expenses. (I have cashed out twice on this property to buy and build my primary residence). With the market t...
It seems that the general consensus for a rental property loan would be a 30 year loan, and I used to agree. The idea is that you can use the cash flow to pay the loan if you want to, or use it for a higher returning ...
I'm new to real estate investing and am trying to find ways to get into this business despite not having much (or any) of my own money to invest. I recently discovered the concept of AirBnB, and think it may be a...