I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
Hi everyone,So I am getting closer to finding a tenant for my first SFH rental. It has taken me exceptionally long, probably because it is my first time going through the process. This is probably a C-class house wi...
I would like some opinions about an upcoming possibility. I apologize for the wall of text but I want to provide accurate detail for best advice. I’m one of the millions struggling hard against a massive student debt ...
I did a quick check and there have recently been over 500 people (within the last day) people on BP. Most topics have 5-15 main players comment back and forth and a variety of lurkers that just view things.
How can ...
I've been a hardcore follower of Dave Ramsey and have done his Debt Snowball in the past and it was very rewarding. The problem was that I started to veer in the past 4 years and take on more debt such as buying a La...
Would you agree or disagree?
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
It is pretty amazing to find just how many people are offering "mentorship" for 10s of thousands of dollars to newbies who want to get into real estate. What is more amazing is the amount of people actually buying th...
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
I don’t want to name drop but I paid $4000 for a 3 day workshop and now they want $40,000 more for coaching and mentorship. A friend of mine that has a successful portfolio worth millions advised me not to. He recomme...