I have a couple rentals locally (South-west Denver suburbs) and my goal was to buy a rental a year. I rented out my first primary residence in Morrison, CO in 2018, and purchased my first true investment property in ...
Dear Community,
I hope this message finds you well. I'm currently faced with a financial dilemma and would greatly appreciate your insights and advice.
Background:
I am 23 years old and earn a monthly salary of $...
I've been a hardcore follower of Dave Ramsey and have done his Debt Snowball in the past and it was very rewarding. The problem was that I started to veer in the past 4 years and take on more debt such as buying a La...
This is probably the best study I've found on the benefits of renting to pet owners. Too many Landlords believe pets cause too many problems and result in a loss of revenue. This study found the opposite to be true. B...
I've been thinking what people would do (or rather, what's the best thing to do) when they receive a lump sum of money for whatever reason.
Would you...
1. Pay off your primary residence (90-100%), and invest the re...
Hi BP,It's been a while since I posted, hope everyone is managing well despite the bad macro economic conditionWanted to get your insight on your investing strategy in this recession, are you buying or holding cash to...
For us real estate investors this is a good time to have rental properties while we watch others portfolios crash with the stock market.Other than a moderately safe mutual fund I contribute to monthly and my 401k, I a...
I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...
I've been on the Dave Ramsey bandwagon for the last several years. His advice definitely worked to get us out of debt and allow us to save a pile of cash. But as I look to get more into real estate investing, there's ...