Christopher Lane
Here’s a stupid question, but hear me out...
Hey everyone, I think I have a stupid question, but the more I think about it the better it actually sounds. I’m looking to buy my first property and the only thing holding me back is a down payment that won’t complet...
Phil T.
Should I use HELOC for repairs or pay cash?
Looking for some advice on how best to use my cash. I'm a new investor, but I own two duplexes in Indianapolis (my first two properties). When I purchased them, both sides were occupied. At the turn, all of the uni...
Corey Wright
Please tear this strategy apart (gently...)
Background:-My wife and I have two single family rentals in Fort Worth TX where we live. -After PITI and 10% for maintenance/capex the rentals combined cash flow $575/mo or $6900/year which is approx 2.6% return on eq...
Sixto Velasco
Understanding hold vs sell vs payoff early?
I have a property I purchased for $100k with $3500 down payment in 2014. It is generating approximately $250 in positive cash flow every month. Today it Is worth approximately $150k-$165k. I’ve been paying an addition...
Dustin Sanders
$1M in Assets or $1M in savings?
I was just asked why $1M in assets is better than $1M in savings. I believe $1M in assets is truly worth more, but I honestly don’t know why. Can someone please explain?
Garrett Nuzzo
Saving for down payment
Newbie here.... How have you seasoned vets been holding your cash when saving for a down payment? I am about a year and a half out from my goal and feel like having cash sitting in a savings account is a horrible way ...
Eric Davenport
How to save money when starting out?
Hello All!My wife and I are new to real estate investment and hopefully will be buying our first property soon. When researching deal analysis I have found a large debate on calculating expenses and saving money. Som...
Marc Appel
Front load my mortgage or save extra money
Thanks for your suggestions below.
I bought my first rental property 3 years ago for 336K. It’s now worth 470K. Mortgage including taxes and insurance is $1750 a month, and rental income is $2500. Right now I’m payi...
Victoria Radcliff
Over pay on a mortgage?
On your own personal mortgage (or rentals) do you may more that what is asked? I have all my friend that pay $100 or over the dollar amount required when their mortgage. Do you do this? If so, why? If not, why?Thanks ...
John Paul
Best place to park cash
Our current Citibank pays 0.12% interest on savings in the money market savings account.Time to move cash out of that bank.Where do you think is the best place to park cash and earn more %. 100K for about 1 year.