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I have a goal of reaching financial freedom within the next 10 years by accumulating rental properties for passive income. While it seems logical to start gathering those rental properties to work towards my goal, I h...
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Hello all I am a 34 year old single mother of two sons 13 and 15. I just recently purchased my first home for $505000 with an FHA loan. This was a huge accomplishment for me coming from a difficult financial Backgroun...
Hello
I hope you are all doing well!
I am about to place an offer on a new property than can really unlock great cashflow and push me closer to my goal of being financially free/independent.
I'm undecided about ho...
We own a LTR that is valued at about $215K, and we owe around $65K on it at around 4.5% interest rate. The taxes, however, have went up so much that we have to raise our rents to a crazy amount (~$1300) to break even....
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How much monthly rental income do you need to NET (what goes in your pocket after loans, repairs, taxes, etc.) to quit your job?
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Paying off a house completely is a trap. You should avoid it if you want to amplify your wealth.Here’s what to do instead:Successful investors own nothing outright. They sit back and wait as their properties go up in ...
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Tune in as we dive deep into the challenges faced by investors when seeking advice
from financial advisors.
Reasons some financial advisors can't be trusted
Financial advisors are crucial in assisting individuals w...
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Hello,I would like your help in analyzing the long term investment potential of either A. Holding the rental unit or B. selling it and diversifying my assets.Background: 3 Years ago I decided to hold onto a condo I ow...
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This is a little different question than usually posed on BP. I am a real estate investor with multiple properties. My inlaws are in financial distress, primarily due to many years of poor financial decisions. They...
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How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...