I have purchased 6 properties in the last few years and held them as long term rentals. I purchase the properties and fix them up using a line of credit and then refinance them paying off the credit line. I bought a p...
I keep a monthly cost of living spreadsheet that list all of our personal living expenses like the Mtg on my home, car payment cell phones, food cost utilities and blah blah blah.
My goal is to have over 100%...
What are differences between the good and bad debt?
I am new to rei and was wondering about the debt we get into. As we keep scaling more properties and acquiring more debt from each one do we basically just have mountains of debt the rest of our lives as other people ...
Hi everyone, I'm considering refinancing my personal residence. My plan with this property is to hold it indefinitely and rent it out when I move. However, I also want to consider how holding it may affect my debt-to-...
My wife have 2 properties, currently rents her house ( Over 2 years now ) and we are looking to purchase a 3rd property in FL, to use as a vacation rental, which we hope will lead to additional rentals in the future.T...
Protecting Your AssetsIf you are sued because someone is injured on your rental property, including a guest of the tenant, then your personal assets are not necessarily protected as an individual landlord. Regardless ...
I have a very good interest rates on my truck and home. 1.99/2.5. I have considered paying those down to "free up" cash long term, but I'm also considering the facts that my loans, especially on the truck, are nearly...
Hi Everyone, My name is Shawn and I'm new to real estate investing. I am curious your thoughts as to whether it makes more sense to pay down all of my student loans, invest, or a mix of both. Currently, my wife and I ...
AND imagine the real estate is NOT cash flow positive. Consider the ‘negative cash flow’ as simply additional reinvestment…just like the S&P.
I am all about building cash flow over time through real estate. Howev...