Hello Bigger Pockets!My main question is how much money do you leave in your rentals? I've got one rental property worth $280k, about 60% LTV (115k in equity). I just closed on my first "Live in Flip" and I'm moving i...

I'm interested in implementing the velocity banking startegy to pay down debt quickly.  However, I don't own a home or any property for that matter.  Can I set up an LLC for my business and build up my business credit...

I have been involved with flipping properties since early 2000s.   First subbing out as a carpenter for several local investors and builders.   When the market dropped out in 2008.  Everyone I knew including myself we...

Curious out there what people use as a general rule for how leveraged they are.   How comfortable you are with debt.  Do you have 401K loans?  Would you cash out a Roth IRA?   Do you use HELOCs off your primary?   For...

I currently earn a six figure salary at a pretty non-pressure, but full time, job.  We have 4 small children and would like to have more.  So we've been trying to build our rental portfolio so that I can replace my in...

This is just an update to a previous thread. Here are the results on the first home completed and sold. The property referred to on the Golf Course has closed. Lot was actually bought for $39,145. The sales price was ...

  If you saw my post last month I recently inherited a 60 unit apartment complex that I am now self managing..ok.. so here in baltimore it is june and temps are running about 85 degrees during the day  and goes down t...

Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...

I keep hearing many investors speak of the housing market and stock market as if we are in a normal situation. Everything is great and the stimulus has solved all of the problems that a global pandemic has created. Ta...

Alright, I just read a post from a guru pitching services on BP. I did not want to respond with what I really think, but let me tell you my story here instead.
In 2007 I went to a RichDad seminar: after the free Thur...