Bobby Oliver
How to use a HELOC?
Hey fellow rockstars!
I bought a fixer upper last year and have been working on it while living in it. It's my first house! I have $75k of equity in it and am interested in a HELOC to buy a 2nd property, fix it up a...
Account Closed
Catastrophic loss in homeownership
I find it amazing that only 2.1% change in home ownership was this catastrophic. And, of course, it could never happen again. LolHome ownership has never been 100% in the United States. Many people think that the vast...
Brandon Wilde
Purchased a home, keeping the renter
I'm in the process of purchasing a SFH with a renter already in place. She has been in the home for over 4 years and appears to be taking very good care of the place. I feel like I should do my due diligence before ta...
Branden Smith
First Direct Mail Sent
My and my partner @Jorge Soto have sent out our first mailers and sent one to our place just to see what the card looked like. I received the card in the mail today so time will tell if we get any calls. We have a web...
Bob Langworthy
Locking in at a higher rate?!?
This is such a simple question, but I'm interested in hearing from others who have been down this road before. Current mortgage on my commercial office building is at 4.125% fixed until August 2022, then variable at P...
Justin Case
Sears Electric forced air furnace stays at 60deg
On of my unit's Sears forced air furnace is blowing room temp air. It is about 7years old. I don't have model number at this time. I had tenants turn it off for awhile and back on.
I know nothing about furnaces (yet)...
Darian Richardson
Is the Safe Withdrawl Rate, the magic number?
Evening Fellow Investors, As I am finishing up @Scott Trench's own Set For Life, I came to a section in the book under "Exploration of Financial Freedom" about The Safe Withdrawal Rate. I thought this section was fas...
Ashley McDonnell
Section 8 Rentals in NC
Hey everyone, I recently was approached by a potential tenant about using section 8 vouchers to cover the rent. I'm not opposed to this strategy however, after looking into NC section 8 state rules/regulations, I have...
Tyler Grant
Looking To Soak My Feet!
Good day to everyone! I hope investments are big for everyone today! Seeing as I'm new and just starting out, I'm trying to get my feet as wet as possible. I'm currently attempting to transition out of a job which is ...
Andy Kaye
Rental house for $2400/mo. Minimum income requirement?
Based on the 3x rule, should I be requiring their GROSS income to be $7200/mo? or their after-tax income should be $7200?