Hey Bigger Pockets Family!My husband and I have reached a point where we need to make a concrete decision. We would love your feedback and experiences to help us figure out what we want to do. We are both 25 years old...
What's your financial freedom #? How do you plan to get there? And how far are you now?To clarify, this is based purely on passive cash flow. Meaning, how much money comes to your mailbox each month without having to ...
Question for everyone out there.I am trying to buy my first home and had a question on the mortgage loan application. Is it better to put down that you pay a certain amount for rent or will it be better to put down no...
I am in the inspection phase of a duplex purchase in Boca Raton, Fl. I have been doing a lot of research and I am starting to think I should leave this deal. I would appreciate any feedback that anyone may have. Here ...
So I have 6 months of expenses set aside in reserves. Is this an acceptable amount to then increase my cashflow a bit and decrease the amount going into reserves? When below 6 months reserves, I do 10% maintenance, 8-...
Hi BP Community,I am 24 years old with a job that pays me $80k-90k, I have saved 65k and counting with all debt paid. I do work long hours during the week (10-12 hour days). My goal is to be financially free as many o...
I am currently building a plan to start my REI business. I am curious as to what are people's opinions on debt, emergency funds and cash reserves before getting involved with an investment property? I think credit car...
If you are investing in buy/hold/rent SFHs, could you rent a house to yourself that is held in the name of your llc? That way, repairs could be written off. Seems shady and unlikely, but I was just wondering how the l...
Hello everyone!First of all, let me tell you I am glad to join this community and I am coming here very humble and with an open mind. I bring a set of skills as well which I will later discuss so that I can also be us...
Hello all,I have two rental properties in Colorado Springs that were both our primary residence before becoming rentals. We've had one of the rentals for 10 years and after owning the property for 15 years, the frust...