Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage.  Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr,  3.85 on 30 yrMont...

http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...

I have experience with working class and lower income areas. But what about ghetto, warzone areas. A lot of burned out buildings, people using/selling drugs all over the place, frequent shootings (almost one a week it...

Looking to open a solo 401k under my current Home Improvement business which is a LLC. Need checkbook control and ability to take loans. Any recommendations from those that currently have the same.

Alright BP I love business discussions and I have what I feel is a good question for you that popped in my head while listening to one of the podcast earlier that I want to get your take on.  How do you pay yourselve...

I'm considering a purchase of 10 SFRs in Wichita. I have a few homes there already, and a fantastic property manager that I respect and trust.I've run some preliminary numbers, and it looks like I might be able to cas...

Great article about new restrictions when selling a property and providing financing to the end buyer. These restrictions go into effect under Dodd-Frank on January 10. These are federal restrictions, not limite...

Hi Everyone,Happy Friday first of all!!  I recently got divorced and am up to my eyeballs in debt and my credit score has taken a hit (once a gleaming 750, now a less then great 640ish).   I am highly motivated and al...

My current apartment offered me a new lease for 2,032 and I’m having trouble coming to terms with paying this amount for rent. My income after deductions is 70k and my wife’s annual income is a little over 50k. We bot...

So, my wife and I have been have been saving for a while, which isn't really easy. (Two kids, tuition, CA prices..)  But we do live a pretty thrifty lifestyle. 2001 ford truck for me and 2010 Pilot for the Mrs. All pa...