My situation is that I'm 45 years old and I have a 401K with my current employer. They match 100% up to 3% then 50% up to 5%. So I contribute 5% and get 4%, immediately vested. I've been contributing this for about 13...
My wife is super pessimistic with things and worst case is the first thing to her mind about most things. I wan't to do a BRRRR but she has a hard time wrapping her head around the idea. Not sure how to get her on bo...
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
Good morning everyone,
I invested in a syndication deal back in late 2021 through Simple Passive Cashflow and Truepoint Capital, with Lane Kawaoka and Kyle Jones respectively as GP's. The deal has produced 1 single d...
The CARES act ends on June 21, 2021. Federally backed loans (FHA, VA) will resume payments and I’m sure many borrowers will default. Are we on the precipice of serious opportunity? Short sales, foreclosures? What stra...
First, I plead ignorance other than everything I can read about mobile homes on BiggerPockets and mobilehomeinvesting.net in about 3 hours time. :)I own and manage a modest portfolio of MFR properties and have been i...
Good Evening BP,
I'm going to be taking a trip to Las Vegas to prospect investment properties. I'm looking to purchase a single family property and follow a Buy and Hold strategy. What are some things I should do eit...