Obviously capital expenses don't happen the same way we save up for them so I'm curious as to how you all plan for them in your investments. Do you religiously allocate a certain % of rental income per month for CapEx...
Please help clear my mind from my skewed point of view of how REI works.My goal is to buy a multiplex apartment building and live in one of the units. So I'm guessing that I'd have to put something like $50,000 down f...
So my friend and his family own a very successful construction company. They have a piece of property they are going to sell to me for 60k to live in. I’ll get the deed then go get a HELOC and they will do all the wor...
What is everyone's best advice for where to store your cash flow. I currently have a single family property averaging $330 a month in cash flow which is going into a basic checking account seperate from personal. This...
I hear find yourself the niche that you want to be in. Well apartments are where I want to be I like the fact you have one mortgage and tax payment on multiple doors. Except I have no experience in investing. Should I...
Hello All,
I am looking to start investing relatively soon. I've done tons of research on investing via books, blogs and websites like biggerpockets. Now that that I know how I want to invest, the next question is wh...
I am wondering if I should knock out my car note early or save and build on my additional savings? Although I have roughly 18months on my car loan, I would like to pay it off by the end of the year so that I can buy m...
Hi everyone! I've been perusing the BP site and listening to tons of podcasts for a few months now and it's finally time to get going. I live with my wife and six-year-old son in Washington, DC. I'm a systems engineer...
I'm a single 24 years old living in Houston. I dropped out of college since I'm just a straight trash student and hustled in the last 3 years. I saved 50%-70% of every profit/income I got and lived well below my means...
Hey! We're on the verge of acquiring property #1 (YAY!) and we're using the majority of our savings since it's not an FHA or Conventional loan. However, we've got our eyes on some other properties, and we're trying to...