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My wife's employer offers what seems a good retirement plant. If she contributes to her 401k/Roth IRA 3% of her basic salary, the employer will contribute the same 3%, plus an additional 1% of her basic pay. For examp...
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While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...
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At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
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Hello all, first-time poster on bigger pockets. Sorry in advanced if it's a long complicated post! I'd been listening to the podcast for about 4 months or so, even started getting prequalified for a mortgage but never...
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Hey guys, I am looking for my first real estate deal and need some guidance!! My wife and I recently graduated from college and pursued work immediately. I am a real estate agent and she works in the medical field as ...
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I’d like to ask everyone on BP to help provide some guidance on what my best option might be for getting started. I’ve broken my post down into key sections as there is a lot of information that must be digested t...
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Hey all, I have been around the bigger pockets for a while. An idea I have been thinking about for awhile is this: 10k to use on investing3k net incomeCurrently living at home with no expensesThere are some SFH 3+ Bed...
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Today my disabled parents woke up in their home to the kitchen fully engulfed in flames. They live in New Orleans and didn't have any insurance on the property because after Katrina, rates went so high they just coul...
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Is anyone still using option to purchase contracts? Especially in the Ohio market. I know the dept. of commerce was making a big deal out of it awhile back.
Thanks!
This is an appeal for advice. My title refers to using equity, but I could just as easily have called this post "somebody please tell me what to do now!" I've had some success but I'm more an amateur than I seem. I pl...