Most people do not understand how destructive living beyond their means, not saving and not investing are. Nor do most understand just how incredibly powerful living well below your means, saving, and investing are.B...
I have a rental with a $76k mortgage balance at %4.5. I also have an brokerage account with $72k that has been steadily growing. My question is: " Should I use the $72k and pull some money from another account to pay...
I also posted this on Reddit Personal Finance subredditI would like to get feedback on my current situation and trying to make a final decision. I have money in a 401k from a previous job and also a rental property th...
Pursing a first-time home purchase and FI (financial independence) seems not possible from my position. Do you agree? What am I not considering? Should I change my risk-tolerance in order to pursue both goals? Any gui...
I would love to hear thoughts on what to do on my next move the way I am currently structured. I'm 49, married with 2 high school kids and have the ability to put down $40 - 120K (would have to cash in stocks for the...
BiggerPockets Military,
As 2021 comes to an end, I have reflected on what I have accomplished. But now, I am focused on what I need to achieve in 2022. I will purchase two additional SFH's in 2022, increase my monthl...
Hi all,
I'm trying to implement a cash damming strategy to convert some of my personal property mortgage into tax deductible debt, and I'm looking for some guidance. I have a few rentals that have LOCs associated wit...
Hello. Me and my brother own 2 properties (both names on deed's). Even thought we own them 50/50, when we apply for a new loan, we are responsible for the whole mortgage balance. The rental income is counted in half b...
I am starting the license course, and will be ready to start finding a broker to work with by the beginning of the year.1. How does the broker dole out leads that walk into the door? Suppose a person just walks into a...
We're rehabbing a SFR in far northern CA (Shasta Lake City, Zone 9). It's a total gut rehab so everything about the property is new and very nice but solid middle class - nothing extravagant. We had to pull out every ...