I just read "Walking the Tightrope between Debt and Leverage" by @Anthony Gayden where he talks about an impressive dig out from crushing debt. What I found interesting was that when he married his wife, she brought $...
How many of you out there use a Credit card for your investing BIZ or personal life? My wife and I don't use them because of the Dave Ramsey movement, but now that we are doing well with money I might consider it? wh...
I recently started my REI venture in the Detroit area 1 year ago and I have been trying to figure out a good strategy for how to continue scaling while covering costs per property. The issue I'm running into is with t...
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
Hello all. I have a question my fiancé and I have been mulling for a few months. We want to get married but neither of us are so enamored with the idea that we're willing to take a huge tax hit over it. But we just ar...
Hey guys, I need your input.I am a 30 yr. old local government employee who wants to be a real estate investor. My strategy is to buy a multi-family home (duplex) live in one end and rent out the other. However, not o...
Hello,I am looking to buy my first rental property. I want to spend as little out of pocket as possible, and I am thinking that means I have to look out of the Chicago market and possibly out of state. Since this is m...
We have heard it a billion times, "I'm super excited to invest/ reach FIRE/ make a career change, but my partner isn't on board." Have you been there too? Share your ideas for what may or may not have worked to encour...
What's up BP fam!
I am looking to move and buy my first house-hack soon in Columbus, OH (and rent out a room or two). When going through some numbers on many properties, I always have a high negative CoC return and n...
I'm wondering whether you landlords have noticed better qualified applicants after you renovate (or if you have a nicer looking dwelling)-- People with higher income, stable jobs, better ability to pay rent. Are the ...