I live in San Jose, CA and the largest dilemma I have now is whether I should start investing in real estate, then save up another deposit to buy my first home, or vice versa? The reason I would like to purchase a hom...
Hello! Discovered BP about a month ago and have since listened to about 30 podcasts. Figured it was about time I started engaging with the community. I have about 1000 questions. But figured I'd start with my most pre...
I have my own business, but would like to work on diversifying a bit so I can have more passive income. We have no bills (aside from $3k a month for electricity, food, insurance, etc.) I think if I work hard over the...
My tenant in California just told me that he can’t make rent next month due to the Covid19 pandemic. I don’t have a mortgage but need the money for my living expenses. What options I have?
I am a dreamer. I am a planner. I analyze to the point of analysis paralysis. That said, I tend to lean toward the "take chances while I am young enough to make up for my mistakes". My wife - in profile pic as well...
I as reading about some technical signals in the stock market, specifically the 'Hindenburg Omen', and started thinking about the state of our economy, inflation, the markets, and how I'm managing my money. Of course...
Years ago, I had a tenant who's toilet got plugged - but they continued to use it until it overflowed on a weekend and I was the only maintenance guy we had. It was the last toilet I ever worked on... and probably th...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
OK, so I admit the title is a bit dramatic, but I can't stop thinking about the implications for the flipping and wholesaling markets after reading about Zillow's expansion into 11 more markets for their Zillow Offers...
I've been reading through the forums here and I've read a lot of posts about how the tenants should have the money saved up to pay rent in an emergency, and if not they should use a credit card or the money in their r...