Hello everyone! Amidst these uncertain times I’m assessing my savings and investment plan and strategy. I joined the workforce almost two years ago at a company that does 401k matching 50¢ to every $1 up to the federa...
An age old debate, but… with a twistHello BP, I am new here so 1st off, hello! I’m hoping to get a little advice. Well, in a round about way.This is a hypothetical (and over simplified) question with relative numbers....
Just having this thought today on building my cash reserves for investing and wanted to throw the thoughts into BP. I’ve been saving my personal cash reserves for a while so I could buy my own properties and BRRRR/fli...
Bare with me, I'm about 1 week into reading about SDIRA.
Seems to me it's not a great way to buy real estate for buy/hold, however it does appear to be a nice way to be a private money lender.
I can see ...
I checked with my bank and I should be able to get a new $560K HELOC on my primary home. I would like to get some advice from BP about the investing strategy using the HELOC. I am in 40's and pretty busy with my curre...
Read an interesting article recently about viewing paying PMI and viewing it as an interest expense on a diminishing principal amount (as you make monthly mortgage payments and pay down principal and your PMI s...
Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
I am a pretty new real estate investor in North Dallas. I currently only have one SFR rental . I been looking around DFW real estate listing and listening to podcast while I am accumulating money to invest. I heard Te...
My partner and i have just combined companies. I have oil and gas wells and my partner has some real estate properties. We are already off to a great start using our lines of credit to purchase our first single family...
Greetings!! I first want to say thank you for such a great forum! I have only just discovered BP and know I have a WEALTH of great things to learn.
My story: I'm a business professional who will soon be unemployed. A...