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So I'm sitting on about 1.4 mil in equity right now. Projected to be nearly 3 mil in five more years. But let's say I have some hardships along the way so I conservatively figure I'll have 2 mil. I could retire with m...
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Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
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Hey guys, my question is pretty simple. How would you invest your 100k cash?
This should be fun. :)
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I believe many in the BP community, myself included, firmly stand by "cash flow as the king" while appreciation is looked down upon. I would like to potentially hear the counter argument to broaden my understanding. W...
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I love animals. Well; unless they are trying to hurt me - then I don't like them. But in general; I have had, and enjoyed having, pets. But now I do not have pets. I don't like the smell of them, I don't like cl...
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Hi BP,Do investors, purchasing a property with the sole expectation of renting it out, make it harder for owner-occupants to find affordable housing?This is the question that came up from a family member. He lives in...
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If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...
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January 1st I jumped in to the world of real estate investing. While I have made a ton of progress over the past three weeks (Thanks 12-Week Year), I am a bit concerned with some feedback I have been getting. I have s...
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Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
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Hi,
I'm not sure if anyone else is going through this in Los Angeles/Moreno Valley so I'm reaching out if this is normal. I have a 2000 sqft home with 5 rooms that's currently being rented out by tenants. Utilities a...