John Lindemann
I have no free time! (and its exactly what I want!)
I was reading chapter 7 of Kiyosaki's "Rich Dad Poor Dad" and he was discussing about the lack of balance in new investor's lives. I'm definitely living the lack of balance. I feel like I'm constantly running from o...
Azita S.
Early 401K Cash out
Is cashing out a 401K to invest in RE a terrible idea?According to an online early cash out calculator, I'd be paying a hefty fine and taxes on the balance, receiving less than half the current balance. I've been con...
Heidi Kenefick
How I paid off $11,000 in CC debt while traveling the world
Hey BP I want to share my story of how I paid off $11,000 dollars in CC debt over a 27 month period, all while not paying any interest, and while traveling the world. When I graduated from medical school in 2015, I di...
Archimedes Jao
Cash out refinance
We rehabbed an STR, bought it at 400K, and we believe a conservative new value is 450K. Would 360K, or 80% of the new value, be the “cash out”? We follow someone on Instagram who seems to give this simplified equation.
Arty Fresh
is this financial statement layout acceptable to banks
what do you guys think of rich dads financial statement ? this one --> https://www.richdad.com/MediaL...
I was thinking of hiring a bookkeeper for $5-10 month to do all this for me and I can just send them my emai...
Joseph Skoler
Tax question related to note purchase
I really need help making the best tax situation here.I bought a note (owner in my name) from a bank at a discount. For ease of analysis, lets say I paid $10,000 on a note with a balance due of $100,000.I then bought...
N/A N/A
Living below my means?
Hello everyone. I will start off with some basics:
I work full time in the tech industry and make a decent income. I own a condo in California that I rent out. On a monthly basis, my cash flow fr...
Lesley Resnick
Do you like Ramen noodles?
I keep running into articles about people who live an extreme austere life styles and do not work full time. (I call dibs on idea for the reality show featuring that life style). I do not want to eat ramen noodles 6 ...
Sonya C.
Out-of-state real estate investing for beginner
Hi All,
I've read some posts about achieving FIRE via real estate investing and I'm hoping to start doing that 2024. I don't really have much experience in this area and would love some advise. I'm currently in Phoen...
Jake P.
What would you do with $350,000 cash?
I read quite a few threads on similar topics, but there's nothing that I found *quite* like my situation.
About me: 25, married, bachelor degree, no debt, pay off credit card in full every month, credit sco...