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I have $14,600 available to either pay off a 9% interest rate personal loan or put as a DPymt on our 1st property. Currently our Debt to Income ratio is just over the limit to qualify for an FHA loan. We dont have acc...
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Hi everyone, this is not a real estate question but more of a personal finance question on how I can save more for my future. I am currently working part time, I have a 401k and a savings account. I am in the process...
Hello,
Looking for the best way to layout bank accounts for a property.
1- account for security deposit
2- account for mortgage to come out of, that tenant pays into monthly via Zelle
3- account for property exp...
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I was at a meetup the other day, and we were discussing the question, "How much should I keep in reserves for each rental property?". So I figured I would post it to hear everyones feedback
My quick and simple answer...
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Hi everyone!
I need some advice. I just read Sott Trench's "Set for Life". It was a great book and I am going to follow his ideas. But I'm struggling with deciding whether I should pay off my consumer debt first or ...
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Set for Life by Scott Trench is our June title. What did you like? What needs more clarification? I'll even tag @Scott Trench in this post so he can answer your questions.
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Hello everyone, I am curious as to what is the best way to separate/save cash reserves per category for your rental property?
In the biggerpockets podcast episode 193, @Brandon Turner said that for most of his ...
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I want to be more focused on cash flow. I am in the process of purchasing my 8th investment property. Is insurance something you should look at when you are trying to maximize cash flow? I heard a guest say he only co...
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Hello!
Bigger Pockets has always been the place to go, and I am looking for some help! At this time, I am not looking for a Mortgage Broker. If any Mortgage Brokers want to point me in the right direction to a bank ...
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I’m just wanting to live better, so give me any and every possible advice you’d give a young person!