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Hello, Everyone as a Newbie on Real estate and Personal Financing in General, I have been able to save a decent amount of money that is just sitting in my bank account. I am interested in investing in real estate. How...
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Hey guys, I know many of you are probably like me and dont like to leave money sitting in a bank account if where it doesnt do much. I am wondering how others allocate their reserve funds. For example: in a bank accou...
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Hello BP,
I have a few questions:
First
I recently acquired my first tenant in a house a hack. Today I opened up a new checking account with my bank, and I either need to have direct deposit setup with a minimum ...
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I'm new to investing and i know i have to have money of course. My question is as im saving money to invest how should i save it so that it grows quickly. Savings account, IRA, 401k, bonds, mutual funds?What are your...
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Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
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Hi All, Looking for advice. I am looking for a higher interest highly-recommended savings account, as my account only earns 0.05% interest. Any tips? Maxed out Roth and 401K. I want this savings to go towards a down p...
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Hello, I am a 25 year old New Jersey resident and at this point have saved roughly $70,000. I have a good job and a very simple lifestyle, which allows me to save money at a rather quick rate. I plan to continue worki...
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So I’m 21 years old and in the navy and just passed my one year mark of joining. I have about $30,000. Saved up right now. Have about $20,000. in a money market savings account @.80% and about $3000 in max $3000 balan...
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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...
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Hi everyone, my name's Shulammite and I recently found the BP podcast through another real estate investing podcast! I've gotten really excited about REI after listening to so many success stories of regular people us...