Jeff Sitti
$100k Inheritance - What would you do?
Hey BP - so I had a young man approach me yesterday with a question that I thought I would post here. He explained how he is receiving an inheritance of roughly $100-$125k, and was seeking thoughts on what he should d...
Geoff Blinks
Here are my financials. How should I invest?
Hello. I would like to share my financial situation with you in hopes that you can help me formulate a solid investment strategy. Here are my current holdings:
$28K in Money Market Savings $13K Roth IRA $10K in Weal...
James Lemon
Refinancing a portfolio.
Four years ago I purchased my first rental using conventional financing. Purchase price was $30,000 so the downpayment was $6,000. Wednesday December 18th I refinanced my portfolio for $400,000 which gave me $85,000 o...
Melody Tay
Need advice- dad selling primary to pay off debt
My dad (61 y.o.) currently lives in our childhood home and has been struggling to find a job. He managed afterschool programs for a majority of his career making between 60k-120k/year, but was recently laid off. Over ...
Krysty Underwood
Advice on bad debt refi...
This is actually a question for a friend of mine wanting to get into investing. I'm trying to explain what little I know, and I'll be recommending she join BP asap to get the best advice from the real experts in our c...
Brandon Combs
1st rental purchase- seeking mentorship
Looking for a little guidance on my 1st purchase in Orlando fl. Looking for a STR but have some hurdles to get over first. Best way to get rid of some personal debt and use my current home equity for new purchase. ...
Justin S.
Retire on cash flow or cash out refi every 5-7yrs
I’ve talked to a few people with different takes one this question. If I’m looking to retire on my rental income, should I try to pay off properties ASAP and live off of cash flow or not worry about paying them off a...
Jordan J. Osborne
Am I Starting Too Soon?
Hey everyone! I’m curious to hear from you guys about whether I should wait to invest in real estate until I get better financials or if it’s not a bad idea to start now. Background:I’m a 25 old college student, gradu...
Anthony Drew Gary
How are you guys incentivizing your renters? Are you at all?
Hello BP Nation!I've taught Dave Ramsey's Financial Peace University through my church and I thought maybe it's worthwhile to offer to send my renting families through the class? If they latch on to Dave's principles...
Brandon Gall
Need some creative ideas in order to continue progressing. Securities Based Loan?
Hey, BP community,So I have hit a bit of a stalemate with my investing career. I missed out on one great opportunity because I didn't have the lending set up. The lending wasn't set up because to apply for a conventio...