Good evening all.
Any thoughts on this? Is my thinking straight in regards to a sound investment and to assist in clearing my personal debt to provide more immediate cash flow?
I'm thinking of investing in the foll...
We are new to the BP community and very impressed by it. We would be grateful to get the opinion of the community on the impact of interest rates on RE, especially given the current economic climate.
We are current...
Whats up BP. I have a quick question about net worth and REI. Are rental property mortgages calculated in net worth? For example, If I purchase a 100k rental property for 20k down and take on an 80k mortgage, would my...
So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
I’ve been in realestate investing for over 10 years. I continually hear people talk about “paying no taxes” being a benefit to owning realestate, but I’ve yet to have heard a single explanation of how that’s possible...
Hello BP Community!My wife and I are both teacher's in the North Dallas area. We bought our first home, a foreclosure, 3 years ago and have been flipping it ever since. We just finished the entire house (while living ...
On several other re forums this has been a topic of great debate. There's several "gurus" who claim investing in rentals in dumb. Feedback on this please. Why or why not invest in rentals. Aren't they a great replacem...
Hi BP,
Recently I have increased my net worth (through my equity position on a property). In your opinion is having a higher net worth or using that equity to make another investment and temporarily decreasing your n...
I'm curious as to how cashflow has increased from time of owning a property. Let's say after the 5 year mark or 10 year mark. I know rental percentages increase differently for different markets and there's a national...
So as I am gaining personal finance and real estate knowledge I have certainly developed a strong appreciation for tracking your net worth and cash flow and the importance of both. I know a lot of peoples goals are to...