Christopher Macias
Brand new to REI. How much to start saving?
Hello, I am brand new to Real Estate Investing and have newly discovered Bigger Pockets. I am reading and listening to as much as possible to learn what I can. I now have W2 income, and would eventually like to invest...
Adam Sporinsky
Where do you keep your investment and reserve money?
When the investors here have cash saved up for down payment money on a new investment property, do you store that money in a standard bank account, in the market, in some other liquid investment? Some combination of ...
Christopher Krueger
What is the biggest mistake when trying to save for investing?
What are some of the worst ways to spend money when trying to save for investing?
Thomas S.
Renting First Home, Buying Second
Hello,
I am planning for the future and looking for some advice. I bought a small 2 bedroom 1 bath home almost 1 year ago for $55k. I put 3% down on it. My current house payment is $395 and I could rent it for at ...
Ryan Allen
I want to start investing as soon as possible, but I'm 18.
So my reading material for the last month has been Biggerpockets and more Biggerpockets, and I just want to say thank you to the community for being so informative and helpful. Buy and hold investing is what I think i...
Dan Sheeks
Personal finance for teens
I think we would all agree that personal finance is something that all of our youth should be taught, but it's not getting done on a consistent basis. In your opinion, whose job is it to teach teenagers (high school ...
Chris Adams
Personal finance - pay off debt?
I keep a monthly cost of living spreadsheet that list all of our personal living expenses like the Mtg on my home, car payment cell phones, food cost utilities and blah blah blah.
My goal is to have over 100%...
Jacob Price
First Deal, what type of loan should we get?
This may be rudimentary, but there is a lot out there, so I wanted to have some other opinions. I've found a 10 unit that is selling for a fantastic price especially considering it already has cash flow, it's fully oc...
Kyle Kline
Personal Funds vs. HELOC to Fund a Property
Hello,My question is how to decide which source of funds to use for which part of the investing process. If I have saved roughly $15-20K of my own money and have about $60K in a HELOC, which should I use first? Should...
Devin James
What’s one habit that’s changed your life?
The 1 habit that has changed my life is reading.
Everything changed for me when I picked up my first book.
One of the most powerful lessons I’ve learned is the value of compound effort.
Just like compound i...