Alex Corral
Those who finance investment properties
Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
Mary Jay
When would you buy a property with a negative cashflow?
Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...
Ericka G.
Wealth Management for RE Investors
I’ve recently been exploring wealth management strategies/options to make sure our assets grow and are protected. The problem is I don’t really know what we should be doing to take things to the next level.
For thos...
Cruz Gartner
Anyone on track to quit their 9to5 in < 5 yrs from rental income?
Hi BP,
My first post :)
I started in Dec 2019 and am now up to 3.9k a month in pure cash flow. Need to get to $10k before I think of quitting and gunning for the end of this year. Looking to still get educated and m...
Jon Klaus
What would you do with $50K in a SD-IRA?
What would you do with $50K in a SD-IRA? Assume you wanted an annual return of >18%.
Wes Burk
Why should a seller short sale?
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
Ana Marie B.
Interesting Anti-Landlord Ordinance Approved in Seattle
Curious what others think of this new pro-renter ordinance approved in Seattle. Would this make you think twice before investing in Seattle RE?In a nutshell, this ordinance aims to ban "discrimination by landlords a...
Brandon Ribeiro
not enough money for closing costs AND down payment...
Hey BP, i'm looking to buy my first property and plan on house hacking it. The property is a 3 bed 2 bath in Manayunk going for 229k. It is fully rehabbed and in amazing shape- I know I can get 750 per room bringing t...
Ashan D
What should my college major be?
Hi,
I am a nursing student who is basically done with nursing, I used to have a passion for the profession but other life priorities have taken over and now I consider myself a business person. I am a successful comm...
Michael Lauther
House is on fire
Just got a call , its 11.33 pm on the east coast and one of my properties is on fire. The tenant called me and she just returned home with her two young children and everyone is safe. The house is in Dayton Ohio and I...