Hey guys, so I currently have zero credit. Have yet to start building it. I am going to go on the loan with a partner later this year for my first property and want to have good enough credit to do my own deals someti...
*With apologies for how basic this probably seems* I wanted to ask for general advice on where rental income should "live" in the short and long term, and make sure I'm handling things correctly. My wife and I just mo...
Just a thought that went through my mind, if your parents die do their debts carry on to the children? For instance, if my mother passed would I be reliable to pay off her credit card? I'm not a co-signer or on a join...
I've read a few posts regarding credit repair. I went into a bit of debt while in college. I was hoping to hear others' perspective on paying for credit repair. For one, I do not know the costs of what it would take t...
My husband and I own a fourplex that cash flows extremely well. We both work full time for a property management company, and always wanted to own real estate of our own for the purpose of building wealth, having fina...
Hello all you smart BP people!I have a question for today: How do YOU view debt? Here are some sub-questions that you can pick and choose from to add to the conversation:--> What are your personal "rules" abou...
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
Hey everybody,My question concerns what to do with paid off credit cards. I am within 24 hours, most likely, of consolidating some very high interest credit card debt I acquired several years ago for, of all things, g...
I am currently renovating a duplex in Denver, Colorado. I purchased the duplex in May and began renovations in June with a completion date around mid-September. After the renovations are complete, I plan to get an i...
I am new to real estate investing but have always wanted to get into the industry. I own two houses (live in 1) and am not making much of a profit on my first house because I have a property manager. I was thinking ab...