So i was thinking of buying a residential rental property with 4 units near where i live and the seller is asking for $ 4,88,590 and the rent that i assume i’ll be receiving would be $ 876 a month from 4 tenants. So h...
Hi,Assume there is no cost for mortgage requesting for my lender. Assume my marginal income tax bracket is very high, and mortgage rate is 5.25%. If I have lump-sum free cash, should I just apply it to my mortgage to ...
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
After looking in San Francisco, the East Bay, South of San Francisco, and the North Bay, I decided to invest in the North Bay because the housing prices were still reasonable. Perhaps this is slipping away as well: I...
I have been looking into Whole life insurance and Infinite banking and it seems very appealing. From what i hear it can be very beneficial "If" the policy is set up correctly. Has anyone out there got any whole life...
I thought I might see a little more about the new Canadian mortgage rules and how it's effecting investors, I would imagine this is more an effect on the smaller investors but I also wanted to know how they were findi...
Greetings all! Quick question. Wondering what credit card you like to use to manage your VR/STR to reap the points from general Op Ex? Lots of ways to slice this, but things like airline points to pay for scouting ...
All,First...thank you for giving me the opportunity to be a part of BP. I have recently started listening to the podcasts and reviewing the site as I am going to get started (again) with REI and thought this was a gr...
Hi Everyone, I feel like this is sort of a Catch-22 since, while searching the next (or first) deal, I feel like I'm losing out on potential interest while holding tens of thousands in a savings account (on top of 3-6...
Initially, when reading the title of the article, this sounds like a get rich quick scheme or simply too good to be true. I will keep this short and concise, but most of what I have done can be replicated by almost an...