Good evening BP, What percentage of your cash flow do you save for tax purposes?
Hello Bigger Pockets folks
I am new to real estate and plan to invest in the market a year from now (when I am financially better on paper). I am currently working on my education and my finances. However, in the me...
Hello everyone,I'm a firm believer that my money need to work for me 24/7 and currently when saving money for Capex, vacancy, and maintenance my money is not working for me. A bank that pays 1-2 % interest will lose m...
Hey Everyone,I'm new to real estate investing and have kind of stumbled into this by accident. I purchased a townhome in 2015 for $140k. Lived there for two years and then moved into another home, while keeping the to...
Hi gangI've got a chunk of cash that I'm trying to put into a MFH in the West Palm Beach area of FL. One deal fell through and no others seem to work right now for me in terms of cash flow.. I've been putting off STR ...
In your guys’ opinions or from past experience, Is a perform better to save the cash flow they make per month or better off putting it towards the principle of the mortgage to pay it off sooner?? TIA
The cash pile (well digital that is) is adding up. Who here knows whether Barclays or Ally bank are a better way to go for high yield online savings account?Barclays is 1.85% per year and Ally is 1.8% for Ally bank. T...
Hi all, been thinking about this and cant tell if im missing something. If I can refinance at 6.5% and then put that money right into a savings account that gets 4.1%, assuming I keep the money in there, rates stay t...
Where do folks keep their cash reserves, any recommendations on banks or savings accounts, CDs, etc that offer at least some interest? Perhaps an online bank (only) that offers at least some return?Of course, for a lo...
I am about to purchase my second property with almost 100% financing & equity from my first property. Goal is to buy a third a year or two after that. Question is do I use any extra money I have to pay down the mo...