Greg W.
ideas for 2nd and 3rd properties
Hi- My wife and I just purchase our 1st property. It is a duplex that we will live in one side and rent out other. I set a goal for my self to buy at least 2 rentals per year. My wife and I both work salary paying job...
Jeremy S.
Need financing advice! HELOC? Cash out refi?
I recently purchased 2 rental properties that are cash flowing very well. I bought them both outright with cash from my savings. The problem is that it took up about 60% of my savings and there are so many great de...
Cham Vee
Bank Accounts for rental Properties
How do you all set up bank accounts for rental properties? I am a new investor here in San Antonio. Own a duplex and a triplex. Bought both of these within the last 6 months. I am working on organizing the rents and ...
Bobby Becker
Owner occupied expenses
First post after some reading, should be closing on a owner occupied triplex in 2 weeks.The calculations I’ve made deducting vacancy rates and maintenance I’ll have to pay about 200$ a month I’m going to open a second...
Isabel Anness
How much cash did you need saved to feel comfortable purchasing your first property?
I realize this question is incredibly vague and depends on a whole plethora of factors…In general, what benchmark or criteria did you use to feel financially “comfortable” investing in real estate? I graduated last Ma...
Seneca Stephens
Where did you get the money?!?
This came to mind from a blog post from Brandon Turner "3 Smart Ways to Make an Extra $1,000 a Month Through Real Estate Investing" as well as seeing quite a few success stories. Aside from thinking how an extra $100...
Brandon McLean
Tax Saving Idea Thread
Hello! Let's start a list of ideas we all can do to pay less taxes! I heard someone on the podcast recently just briefly say "Learn to live on pre-tax money." And I haven't been able to get that out of my head since...
Eric Alvarez
At a young age look for CASHFLOW & DIVIDENDS or NETWORTH?
I am 20 years old and invest in dividend stocks and sell put options and call options. I am considering selling my positions in these dividend stocks (not completely) to get control of this capital to sell more puts a...
Justin Sumulong
Handling funds for different rental properties
When one owns multiple rental properties, would it be recommended to have multiple checkings/savings accounts for each property or can more than one property be handled in one set of checking/savings accounts?I unders...
Aaron Gomez
Should I borrow from 401k to purchase Bay Area home?
I have a sizeable 401k but my Bay Area rent is putting a damper on my ability to save quickly. I'd like to buy here and potentially house hack, but it seems as if I'll be saving for years if I rely on only my savings,...