Like a lot of newbies here, I was surprised to find that operating expenses run about 50% of your rent collections. My question is, what do you do with all that money. Obviosuly you are not spending hundreds of dolla...
Having earned some money now from deals I’m wanting to bank my REI earnings separately from my day job to both track my earning/spending but also maximize my return from cash I earn. I currently use a credit union for...
There’s a famous Chinese proverb that says, “Wealth never survives three generations.” America has its own version, which says, “Shirtsleeves to shirtsleeves in three generations.” But while 70% of wealthy families wi...
Hello fellow BP'ers,
Both my partner and I are self employed in the horse racing business. We can't provide any W2's or a proof of monthly income due to the fact that our earnings are based of off race outcomes...
I'm brand new to this forum and I'm amazed at how supportive this community is of one another. I'm about 100 podcasts in on both Bigger Pockets podcasts and the How to Money podcast combined, plowed my way through the...
I have a Realtor i am working with and she seems to be really fare. She said she has worked with a lot of wholesalers before and that is a plus for me. She also said she wanted to make sure i get to keep the MAX amo...
Hello All, I am not a landlord currently but have run across a deal I think would work very well. I do not know how to run all the numbers and was hoping to get some advice. Four Plex$308,000 purchase price$1000 pe...
Imagine with me, that your workday began with the usual routine, but halfway through your morning, you received the news you’d been laid off.
For most Americans, that means zero income starting tomorrow morning.
Now...
There was an episode of the BP podcast YEARS ago where the investor was borrowing against life insurance to invest. It might have been back to the Brandon/Josh days. As they described it, the principal of the insuranc...
Some one who is willing to loan me money has an annuity, but is unsure how much int they are earning. I obviously would be paying a higher interest then she is earning. Lets say she had $29484.00 at the start of t...