Buying a house, maxing out your 401(k), and leveraging real estate can help you achieve financial independence. But suppose your goal is to retire early. Could relying too heavily on these principles actually delay ea...
Once you hit Coast FI, you don’t need to worry about retirement. While traditional FIRE may take a bit more extra work, Coast FI allows you to let your foot off the gas and enjoy life NOW, knowing that you’ll be set f...
Michael Seutin
CASH FLOW question
I bought 3 ppties so far. I am learning and improving eacth time. But I didn't do so good at first. Here is a recap using the 50% expense rule that I believe in cos it is proven in my ppties.
1st Ppty: SFH bought in...
There is an easier way to invest in real estate in 2025. It doesn’t require a ton of money or experience; anyone can do it (even a complete beginner), and it’ll lead to you having more money, more passive income, and ...
Whether you know it or not, “shrinkflation” is costing you. You’re paying more for less, as manufacturers boast record profits. Your paycheck is getting eaten away faster and faster every month, but you’re left with t...
Matthieu Oliveira
What do landlords actually do with security deposits?
Hey all, I'm wondering what you all do when given a security deposit. Do you immediately put it in an escrow account or do you just keep it in your personal account? I've heard about landlords that pocket the deposit ...
Moran Eldar
1031 create your own
Hello,I have been told by my accountant, I can create a 1031 exchange on my own. Go to a bank, open an account and deposit the amount in my account and buying with it another property. Did anyone do it themselves? Is ...
Benjamin Cuddy
Landlord security deposit/bank account requirements
Hello all,I am a new investor with one single family property. I will soon be putting my property on the rental market and am making sure I have things in order to do so. Would someone be able to fill me on in what ...
Danny Shore
what are the tax consequences of having an escrow account
assuming a 100% rental property, what are the tax consequences of having an escrow account through which i funnel all the taxes and insurance premiums (as opposed to not using one)?
my best guess is there is no tax b...
Eric Yu
Used HELOC from Main house to buy first rental property.
Hello BP community!I recently used HELOC from my residence to purchase a rental house. Seller accept offer at 10/20, but it looks closing date will after 1/1/2019. Obviously, HELOC interest start from Nov., there are...