Hello next year I will be buying my first rental property. I wanted to get your opinion on paying off your rental property mortgage one at a time before buying the next rental or not? The way my numbers will work out ...
I've been thinking what people would do (or rather, what's the best thing to do) when they receive a lump sum of money for whatever reason.
Would you...
1. Pay off your primary residence (90-100%), and invest the re...
My wife and I are split 50/50 on wether or not to pay off all our existing debt such as student loans and auto payments before we take on more debt to invest into real estate, or we begin saving to buy our first renta...
Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
My wife and I have three houses that we rent out. This journey started about 10 years ago. We have 15-year mortgages on these. The houses are worth about $800K (TX). We are very happy with how these houses appreciated...
I was asked deep in a buried thread to answer a couple questions about my reply in a recent post. here is the start.
I post a lot about parallel programs. There is a reason I do that. It is the best of both worlds...
So was listening to an economist today that specializes in working with REITS and other top players in the industryhe got on MFHis point was as things shake out.. A and B rents will go down and C renters will leave ...
I wanted to address this to educate people who have been mislead by the financial services industry...not just Dave Ramsey Step 7 - Build wealth and give. This is where he want's you to "invest in mutual funds," and...