Kevin Aljic
Should I pay off my mortgage?
I know I know there are few posts about this topic but wanted to tell you about my situation and see what you think so here we go. I own my personal property worth 575K and mortgage is $365K. I own a rental property o...
Cody Smith
How do you grow capital while saving to invest?
Hey BP! I have spent a lot of time studying the real estate world, but I am still lacking in the rest of personal finance knowledge. I have decided to only focus on the BRRRR strategy moving forward, so I am saving up...
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Taylor Reichert
What do YOU do with your Cash Flow?
Hey guys. Cash flow. What do you do with it? I've been looking at rentals and getting the game plan together. I always assumed that cash flow would be saved to purchase the next rental. But it was suggested to me here...
Daniel Mendez
Property Investing: ROI Tax Question
Good evening BP,Out of curiosity, how much should one save off of the cash flow that one could make off every unit? For example, say I bought a home and it cash flows $400 a month after all expenses. Am I free to spen...
Vivan Bhalla
Looking for 1000$/month cashflow properties & creative financing
Hi everyone,So 6 months ago I had close to 100,000$ saved including my 401K for real estate purchase. Out of this, close to 40000$ was cash and crypto. Over the past 2 months, my financial life became quite bad and I ...
Tyler Quick
Getting started out
Hey BiggerPockets team, I’m new to investing and have been digging deep for almost all of 2022 trying to figure out the best way to start out my real estate journey! Little background , I purchased my primary residen...
Jordan Whitworth
Advice on purchasing my 2nd property
I recently purchased my first duplex in Conyers, GA as a househack. It's going solid so far besides a couple hiccups. I used a good bit of my cash I had saved away on this first property. I'm able to start saving a go...
Jordan Stallard
What's your HELOC payoff strategy?
Hi everyone!
I am new to the BP community but was hoping someone could try to walk me through a couple of things in regards to a HELOC.
I recently was approved for 40k on a HELOC for my primary residence. I was want...
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What to do with Operating Expense Reserves
Like a lot of newbies here, I was surprised to find that operating expenses run about 50% of your rent collections. My question is, what do you do with all that money. Obviosuly you are not spending hundreds of dolla...