I'm 41 and want to retire in 10 years. I have a few options to reach my goal of 40k a month, 10 years from now, but need some help.Background: I have two investment types. One - I have 14 condos, all with loans/le...
Last summer I decided to take the plunge and buy my first single family home ("SFH") to rent, so my money could start working for me instead of me always working for my money. I had discovered Bigger Pockets ("BP") e...
Hello BP!Full disclosure - Newbie investor trying to find the best combination of asset protection and lending terms.I have been talking to a few lenders in the Minneapolis, Minnesota area to line up my finances befor...
I have a possible tenant who would like to move in two weeks prior to August 1st and only pay a prorated until the first. The tenants would like to pay the first months rent and the first month security on August 1st,...
I will have $150,000 cash this summer from the sale of a single family rental that I bought five years ago and lived in for two years.
I’m curious: what would you do? What market would you invest in? Would you buy a...
Is this possible? I recognize that it would have to be allowed contractually, but is this a strategy that anyone has used?
Hello BP Family,I was recently speaking with a buddy here on BP that is new to the game and is worried about how he is going to replace his and his wife's income. He just had a new baby in February (congrats Andy!) an...
Hello all,
This website is fascinating, and I was wondering if you could help me decide on what path to take. I am still young (27) and have always rented. I finally have a job that I feel stable in and I plan...
Hi everyone, This is my first post, so apologies if I should've tagged something different.
My husband and I live on the east side of the Salt Lake Valley, and we’ve been exploring ways to achieve financial indepen...
For all of the successful Buy and Hold investors:What percentages do you use for the following when evaluating a potential buy and hold income property:1) Cap Ex2) Management3) Vacancy4) RepairsThanks in advance!