Adam Boonzaayer
100k to burn, best cash out strategy?
Hey all,I have a kind of unique situation. My wife and I (we're 25 and will have no debt) are about to close on the sale of our primary and make about 100k, by a stroke of luck, and some sweat equity. Our goal in the ...
Skye Anderson
Pay down debt or reinvest?
If you were to make $20K on a real estate transaction would you use it to pay down existing debt such as a car loan or credit card debt, reinvest it into another deal, or a combination of both?
Patrick Bavaro
Day 4 as a Landlord, and need to get rid of my tenant
Hello BP! As some of you may know, I recently became a landlord over the weekend through my first house-hack. I'm attributing this issue to being new to the game, and not executing my application/screening process as ...
Michael G.
How to manage the Property Manager
I may be the only one with these property management issues but it seems to be a recurring theme.
I've owned 4 rental units in a particular farm area. Almost without fail every single property management company I've...
Curtis H.
$200K Equity Sub2 Question
Hello BP, I currently live in a home I picked up Sub2 about 2 years ago. The goal was to buy it, live in it while fixing it up with some sweat equity, and sell with no capital gains tax. Find a new place creatively, a...
Nick Anderson
Is “Rich Dad” wrong?
I have seen so many people credit Rob Kiyosaki and his “Rich Dad Poor Dad” book to their starts in Real Estate, myself included.Recently he has come out with some comments projecting a huge crash in the RE market. Mos...
Belén Cosenza
Need support with building| No idea what I’m doing.
Hi everyone, I own a two unit building. I don’t live in it anymore so both units are rented. It more or less breaks even every month. The estimated value according to the internet puts it somewhere around 350k, and I ...
Karl McGarvey
Payoff a Vehicle or buy another rental!?
About to close on a refi of our personal property. Saving $250/mo plus getting about $12k cash back in closing. Current vehicle payment is $398/mo with about 9000 left to pay (2.5% interest rate).Initial thought is go...
Matt Rodak
Connected Investors 3.0
Has anyone sat through the entire Connected Investors latest webinar? There are some big claims made in the teasers and wonder what the deal is. I gave up 35 minutes in after it started to smell too much of sales pitc...
Caleb Green
Paying off rentals early
I just wanted to get opinions on applying the rents you collect every month to the principle loan amount.
I have 2 rentals that are currently rented. The first one I've had for 3 years. I did not escrow the insuranc...