Are you guys not afraid to be in debt for 30 years? All three of my houses I bought on a 15 year loans to avoid being in debt. But all three of them have negative cash flow. One is almost paid off so my plan is to sel...
Hi Everyone...
Working with a partner on our first flip. We don't own the house (a friend does), but we are putting all the money into the renovation (the friend is carrying the mortgage on the property). My partner a...
Hi all. Got a fuzzy question i cant seem to get clarity on. I own an investment property that i have a primary mortgage on. I also recently got a heloc on the property but havent drawn down on it. I am considering a 1...
Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...
I understand that this is a rather vague question since there are numerous variables. However, I am definitely interested in hearing some ideas, whether traditional SFR, duplexes, or even far fetched ones.2 constants...
Hi all,I'm hoping the title is catchy enough: I'm looking for median home price to rent ratio by county to find markets that meet the 1% rule. Any pointers where I can find that?Kathy
Hello BP community! New investor here and excited to engage with the community. This year I purchased my first Investment Property in Kern County and its currently being rented. I have some additional capital put away...
Hi, this is a little strange. I am just planning. It appears I may get 500,000 settlement in a few months. However, I was trying to think what is a good way to go with it. For example, if I do S/P top stocks, I cou...
Besides the obvious write offs: gas, home office, etc. What are some of the worthwhile things you have bought that have a huge write off? At over 200k/year, with the progressive system your top end income is nearing 5...