Rich Hupper
Heloc and other mortgages
Hi I wanted to bring up a hypothetical scenario and get reader opinions on it. Suppose a have a large heloc on my primary residence. There is no other debt on that property and the heloc has zero balance. If I want to...
Account Closed
How much in reserves do you have?
Hey everyone! I have some cash to start spending on several more rentals properties but I don't want to overleverage myself. How much is too much leverage for you guys? Do you follow Dave Ramsey's rule of 3-6 months "...
Pete B.
Using BRRR during a downturn
Since the brrr strategy is based on the ARV “after repaired value”, would it still work during a recession or downturn. If values take a hit, it seems like it wouldn’t give a lot of room to make brrr work.
Joshua Leonard
Does anybody know anything about Cody Sperber?
What kind of catches are there besides the 97 dollars a month you got to pay as long as your a part of the Cody Sperber program? Than Merrill's people lied to me so I am leery. I went to this free event in Indianapoli...
Matt Stevi
Robert Kiyosaki's Business of the 21st Century
Hey all,Wanted to get your opinion on this book real quick if you've read it. I just finished it yesterday and I'm a little conflicted. Here's why: I understand that Robert Kiyosaki is this portrayed like some financi...
Robert Thompson
Capital Gains Tax or 1031 Exchange
I need to know if it's better to take the capital gains tax hit or do a 1031 exchanges? The house is in CO. I live in NC and want to buy more rental property closer to home.Here are the factors.Mortgage is 115K House ...
Erik Soto
Looking for 1st investment property-Williamsport, PA
Hello, my name is Erik and I've been looking to buy a Single or Multi family rental. I've saved over 30k so far and think I'd like to get my feet wet. Looking in the Williamsport, PA area, if anyone has any advice on ...
Harrison Van Kalmthout
Where should a student (pursuing REI) look to work?
Hi all, I am a 21y/o senior in College and will graduate this Spring. I've got one more year until the "real world" hits, so now is the time to act on shaping my future. My past jobs have been great, but they've never...
William D.
Qualifying for new mortgage, earned income, taxes, rental income.
This post might be a little scatter brained but here I go. I own 2 condos in NYC, live in one and rent the other and plan on buying more properties. I can come up with the down payments and capital but I only make $10...
Vaishal Patel
Next housing bubble:Rental sector?
I was reading few articles and just want to know wats your opinion on this...do you think rental market is the next bubble?
http://articles.businessinsider.com/2012-03-12/news/31150209_1_rents-home-values-home-prices...