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Hello! Let's start a list of ideas we all can do to pay less taxes! I heard someone on the podcast recently just briefly say "Learn to live on pre-tax money." And I haven't been able to get that out of my head since...
What is an ideal amount I should have in my savings before I buy my first property?
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I have an offer on a property I am developing, and I am wondering if there is a way to keep my ultra-low property taxes via Prop 90 (CA prop to transfer basis to replacement home). The situation is as follows:- I own...
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We are looking to purchase our first rental property. We have an enormous amount of equity ($600k+) in our primary home, and we currently have a 15yr mortgage with an interest rate of 1.99%. We don't want to do a ca...
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Hi everyone, I’m having trouble finding an answer to this question in the forums and on the web in general. I’m wondering how you all calculate your income savings rate? It’s obvious that you would go off your net pay...
Hello BP Network! My wife and I are just starting with our first rental property and wanted to see some opinions on how much we should be saving from rental payments for future expenses? Thank you in advance.
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For find purposes in flipping houses is it better to have your money all in one bank in the savings account or spread through a few other banks?
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Ok this question may piss people off . I made my mortgage payments for April. But was thinking about talking to my mortgage company and trying to move payment to the end to save my cash reserves not knowing how long ...
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Good morning! Just wanted to share a situation that will benefit brand new investors and the most seasoned. Know your neighbors!! I was in the process of purchasing a full-gut property in a great area. Lower income, b...
I'm contemplating ways to raise the funds for my first rental property. I'm super green right now, and still in the information gathering stage. While my husband and I both have decent middle class incomes, with 2 kid...