Jack Stallion
Cash flow or capital building?
Greetings everybody! This is my first post and am hoping for some advice. I am wanting to begin the process of building a rental portfolio and need to make a decision. Do I save, save, save to build enough capital...
Zach Adams
What is your savings rate?
Happy holidays BP Nation! What a great year this has been for me and my investing! I bought another SFH rental in May and bought a live-in Duplex in November. I wouldn't be where I'm at without the inspiration I've f...
Darius Tracy
Where are you storing accumulated capital until next investment
Me and my wife practice many of the principles that we have learned along the way through the help of BP money podcast, countless books, and other resources such as a high savings rate and living a lifestyle well belo...
Dyami Pike
How did you fund your first deal
I'm looking at getting started in real estate and everyone talks about low/no money down. cause I've noticed that even a 10% down is $5k in my area, plus closing plus extra funds that the expect you to have. So even i...
Jay Dotson
160k in equity + cash flowing rental
Hi there! I’m moving out of our primary residence in ATX that has about 160k in equity after realtor fees if I sold today. I decided to lease out our space to a long term tenant and will now have $700/mo cash flow fro...
Jim Thorton
What would you do in my situation?
Hi-Over the course of the last couple of years I have pieced together the beginnings of a financial education. The birth of my daughter made me realize that I don't want her to begin her "working" life with student lo...
Christina Banks
$5,000 saved, what do I do?
I am a beginner and only have $5k in savings. What are the options I have available? I would prefer to start with a townhome and rent out the other room while I live there as well. Trying to move out of my parents house.
Rj J.
Dave Ramsey Philosophy + Buy & Hold Strategy = ........Reality???
Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...
Mark Millich
Cash or Bank Financing (loan)?
I'm going back and forth on either using a conventional bank loan or saving enough capital to eventually buy a property in cash (and hopefully utilizing the BRRRR Method). I understand there are benefits to both. What...
Michael King
Is it worth paying for points?
I'm finalizing the loan for a 4plex. The loan is 30 years for $240K and the quoted rate is 5.125%. I can buy it down to 5% for $1013, or 4.875% for $1644.
If I buy it down to 5% I save $25 in interest per month. It w...