We purchased a second home in AZ and using it as a vacation rental when we are not in town. We aren't located inside an HOA and our rental complies with all local laws and ordinances. After we purchased the home, we l...
This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
What are some lessons y'all have learned from your rentals that you think nobody should make? Best things to put in your leases?
One of my friends who has had to listen to my incessant ranting about REI had a question for me the other day, and I felt sheepish that I had no idea how to answer him. My plans are largely centered around SFH buy and...
I'm in a crux about what to do on 2 rentals. I've never raised the rent on both properties since the tenants moved in. One tenant has been there 5 years and the other nearly 7 years.I would like to start with a prelud...
I figured this would be an interesting discussion to have. I am really excited to hear from the folks who are much older than I am on this one. As they say "you don't know what you don't know"
@Jay Hinrichs
@Russell...
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?