Austin Dixon
What is my next move?
In June 2013, I purchased a 2 bd/2 bath condo (put 20% down) and rented a room out to a friend. At the end of January, my friend is moving out. I plan on continuing to live in the same location without replacing the r...
Ibn Abney
37% savings on home insurance, but is it worth the risk?
I am considering increasing my home insurance deductible from $1500K to $4000K. Will save me about 37% annually from the quotes i received. My thought is most damage will fall under that $1500K #. If a major event doe...
Yuehao Wong
Advice on househacking first primary residence
Hi all,My name is Yuie. I just graduated college this past year and I am looking to buy my first house hack. Currently working a COVID testing job that is a 1099, so its been difficult trying to get a sweet deal on 30...
Bradyn Melser
How to keep growing with Debt to Income Ratio
Hey BP fam. I am a newer investor. I have 2 rental properties - one I just bought to get into the REI game, the second I did a BRRR. I really enjoy real estate and want to continue growing my portfolio. I have a dece...
Christian Daviscourt
House Hack or BRRRR - Which is Better?
First time investor here! After all my expenses, I am currently able to save approximately $50,000/year for future investments. I am torn between a house hack, using an FHA loan (leaving one of the units empty for a y...
Jonathan Lilly
Tax/Investment Question
Hi. I work for a small Engineering firm where we have a Simple IRA plan. The maximum tax deductible contributions for this plan are $11,500 per year. I have always tried to contribute this amount every year, because, ...
Philippe Monfiston
Preparing to Buy First SFH Rental Two Years Out
Hi, BP Community!My wife and I are planning to purchase a long-term SFH investment property in 2024 in MD or PA, within reasonable driving distance. (We live in Calvert County, MD.) We are looking for guidance on what...
Robert Hastings
Mortgage more or save for larger downpayment
What's the general approach? If you have the resources for a large downpayment and you have the income to qualify without using the reserves, what would YOU do?
Brad Koegel
How much to save for first purchase?
How much is a good amount of money to save up to make a downpayment on a multifamily?
I would like to buy my first place soon but not sure what to set as a target number. I know each area would have its own market,...
Account Closed
Rental properties how to have a lot of them
How do I accumulate a lot of rental properties? I’m interested in having multiple properties how much money should I save ?