J Scott
Fiscal Conservatism?
I'm all for fiscal conservatism (I really am), but those in power who have claimed to be fiscally conservative appear to either be lying or not very competent:
http://zfacts.com/metaPage/lib/National-Debt-GDP-L.gif
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Melanie Baldridge
One of the best strategies is this
If you think about your career and your journey to build wealth over a long time horizon, this is still the strategy that I like most:
1. Start a business that produces cashflow.
2. Use your personal cashflow to buy...
Jason A. Smith
Accountant
Hello everyone, I'm still new and fresh to Bigger Pockets. My accountant is not familiar with some of the real estate investing funding and strategies that I have come across. I'm curious to know how important is it t...
Matt Smolinski
How to Track Property Reserves
I just got my first tenants this week and now I'm trying to get my financial organization in place. I've recently purchased Quicken 2019 Home, Business, and Rental Property and so far it's been fairly easy to setup. I...
Drew Castleberry
How to issue mortgage to myself so I can refinance at 80% rather than 75%
So I want to purchase a property with cash and then refinance immediately. If I do this I can only do a cash out refinance at 75% LTV. However, if I have a mortgage I can refinance at 80% LTV.I don't have any private ...
Janet Myers
90 Day Challenge started
I just listened to the 90 day challenge podcast and it lit a fire under me. October 1st is just a good a day as any to start. I'm filling out the workbook as well as putting up some goals on my BP dashboard today. ...
Chris Gawlik
Yellow Letter Mail Envelopes ??
Just wondering what kind of envelopes you use for your letters. I was looking at the invitation envelopes and they are very expensive. Rite now I'm just buying cheap envelopes from the 99 cents store 100 for a buck. H...
Mark Berardi
When Property Values Go Up Significantly, When Should You Sell?
I have several multiple family properties that have gone up in a value a lot (IMO). Is there a legit formula or equation people use to determine when is the best time (or makes the most sense) to sell? Thank you!Ex 1:...
David Shaun
Hit $200K in Cash Flow in 2024
January marks the 13th anniversary of the purchase of my first rental property. Since I learned a lot from this community, I wanted to share my success with you. In 2024, I hit $200k in cash flow from my properties....
Jeff V.
Accounting for Vacancy and Repairs
Let me say first, this may be in the wrong forum but this seems to be the closest to the topic at hand.The question is, "How does one account for Vacancy and Repairs?" The question is specifically related to Quickbo...