Joseph Bennett
Advice on if my wife and I's finances are ready to buy 1st MF.
I've been researching and saving for 3 years now. I'm fully convinced real estate is the way to go. My wife and I are already invested in a gym and making returns on that. We have $22k in the bank and want to buy a mu...
Travis Miller
Looking for advice from ex-brokers
I am just now coming out Marcus & Millichap's training program and have been assigned to specialize in brokering apartment buildings in northern Colorado. I joined the firm because I knew I wanted to invest in mul...
Doug Marsh
Making down payment-- cash v. HELOC
Hi all,Last year we bought a vacation home near our primary residence in the Denver area. We've been doing short-term rentals with that home, more with the mindset that renting was a means to owning a vacation home th...
Michael Kujawa
How much should be in savings for a rental?
Hello everyone! We bought our first home almost four years ago, and we are finally going to make it our first rental. We have saved like crazy and are looking to upgrade in space. The question I have for everyone is, ...
Joshua Hostetler
Reinvesting Cash Flow
Is it better to pour the cash flow back into the same property towards the loan principal or is it better to place in a savings for the next property?My thinking is that placing in a savings would allow for quick avai...
Shiloh Lundahl
If you have less then 20k, you shouldn’t invest in real estate
I know that many may not agree or may even be offended by the idea that if you don’t have 20k you shouldn’t invest in real estate, however, It’s true. If you’re an adult and you have no money saved up, then before you...
Colin Reid
How Much to Keep Liquid?
Hey, guys. I want to know how much money you keep available for contingencies on your SFR rentals.I have two SFR's, with a third (current residence) to be rented within a year. With the two rentals, I've never taken a...
Gabriella Vehrs
To Scott Trench: What is a good personal finance foundation?
In @Scott Trench's latest post on a potential crash, "Yes, I’m Afraid of a Real Estate Bubble—But I Continue to Invest Anyway. Here’s Why." He says,"I buy well within my means, with a rock solid personal financial fou...
Eric Calabrese
To refinance or not to refinance
hey fellow pocketers! It's been a while. So after closing on my first property in September and everything going great numbers wise I'm ready for property two! Problem is I need atleast 10k more to purchase it comfort...
Nathan Faucett
How to Grow My Money While Build Up for the Next Deal
My wife and I started learning about real estate in January of 2019.
In June of 2019 we purchased our first primary residence and converted the basement into an 2 bed/1 bath apartment which we started renting out in ...