Greetings BP Fam,I have over 250k in debt (credit cards, mortgage, school loan, car loan) and I’m only bringing in about $400/month. I haven’t had W2 income in over a year and my wife is working part time. My LLC is a...
A little Background: Currently 21 years old. Bought a foreclosure at 19 for $39k, remodeled for ~35k, just appraised at 100k (went a little overboard on the reno and it is overbuilt for current comps). We are in the p...
Hello BP,I have been reading a lot of articles about the concerns of renters and landlords when the various eviction moratorium expire, but its seem to me landlords also need to be concerned with changing the consumer...
This is my first post, so sorry if it lacks form.I'm a new real estate investor that just moved into my second property with 2 tenants. I rented out my first one with some cash flow, but my second one I do have to pa...
I'll start With a little background about us. The only form of investing We've ever done before now is through employee stock purchase plan and 401k contributions (Never really had the extra funds to do more). My wife...
Hi everyone, this is not a real estate question but more of a personal finance question on how I can save more for my future. I am currently working part time, I have a 401k and a savings account. I am in the process...
I have property that has about 100k in equity, I was thinking of selling it and buying a newer one with a 100k down payment. The new property wouldn’t cash flow much but neither is the old one I have. This was really...
How many of you track your net worth as RE investors. If so, please share with the BP community your approach and what you include under assets and liabilities.
Three days ago I reached a savings goal of $10,000. 1 year ago I couldn't manage to save more than $1000, and my saving account was like the ebb and flow of the tides, highs and lows every month. 2 years ago I was so ...
Hey all. I want to get started in real estate and am hoping to get some insights on the approach... I have $50k cash and don't really want to take on debt (or do creative financing). Is this a do-able starting place f...