Jason Belovich
Newbie from PA looking for advice on potential plans
Hi All,I've been crunching some numbers in hopes to come up with my plan and would love some feedback. About me: I'm 35 and my wife and I have been following Dave Ramsey for a few months. For whatever reason I saw him...
Mark Tanner
Recommendations for Custodian of Self-Directed Solo 401k
I am looking to open a self-directed solo 401k. What are the best custodians out there for self-directed solo 401ks? In case it makes a difference, I plan to use it to buy rental properties, probably with mortgages si...
Jonathan Farber
What amount reserves to keep in your rental bank accounts?
Hey all, doing some financial planning this week as we are looking to add some properties. Call me old fashion, but I like the idea of having a few months PITI (Principle, interest, tax, insurance). Any good rules o...
Sharon Miller
Need advice on buying or selling, how to expand my portfolio!
Hi Everyone, thank you for your time, I am a newbie so please be nice! :)
I have following Assets:
Rental property - Purchase price 120K (Current Value 200K) - fully paid - bringing $1450 a month
Primary Residence ...
Thanh Nguyen
Self-directed IRAs In General
What’s the best company to work with to open a self-directed IRA? I also want to know the costs involved with it and what’s normal and what isn’t.
Daniel Dube
Cash out Refi to purchase another
I currently have 2 properties with 23 rentals. They are cash cows with good interest rates. I net about 14k/mo thanks to 3.9% Interest rates. I want to increase my portfolio, but not sure if it makes sense. I have fou...
Jim R.
Advice on Refinancing & Credit Score
Hello,
I'm looking at buying my first rental property this year and I'm trying to get my personal finances in order. I own my primary residence and have an ARM that's been working out well for me in the past couple ...
Cliff Bradshaw
How can I add a (legitimate) Trade Line?
I have a timeshare that I have been paying for since 2003 and have not missed a payment nor have I been late. I am sure this will boost my credit score dramatically and I would like to know if there is a way to add t...
Gustavo Mendoza
Should I refinance my Househack?
Hi there fellow Househackers,
I've been getting contacted by mortgage lenders left and right offering me to refinance down to a lower rate with them. When it comes to qualifying for a loan like verifying your income,...
George Gammon
Inflation vs. Deflation...Arguments For/Against and Hedging.
In a different post I out lined an argument and counter argument for each scenario... Deflation, Stagflation, Inflation and Hyperinflation. It was aimed at a BP member wanting to hedge their portfolio. Hopefully it ...