After re-reading Rich Dad's Cashflow Quadrant, I have a renewed focus of increasing our passive income from our investments. Up to this point, my main focus has been on increasing our net worth. Right now we are gener...
Hi, everyone!This story could be very long but I'm going to keep it as short as possible. Here goes:My best friends father passed away recently. Her father amassed a large amount wealth in his life which now has come ...
This is probably really bad timing or great timing. I have been educating myself on investment properties over the past month. I feel I'm 85-90%% there before diving in, maybe a week or two. Then, I had this opport...
I wanted to see how many out there have ever moved to an out of statement market to improve their investing build out. I've been considering different states but its hard because I am in CA. Tax savings would definite...
Hi All,I'm trying to decide if I want to take on the risks of buying property out of state. I like this idea because I can probably get a property for 35k-40k all cash in the MidWest somewhere. This would allow for p...
If you can pay off the mortgage on your first rental property should you? And is it a viable strategy to then use a HELOC on the (now paid off) rental to buy a second? I ask this because my wife and I dislike debt but...
So after a good search, I've stumbled upon what seems to be a decent deal, but I wanted to get some more eyes and opinions as I've only done one deal and I have all of BiggerPockets at my fingertips with this post! Af...
Hello,We have $890K of cash waiting in our 1031 exchange and we can't decide if we should buy properties for short-term or long-term rental. We live in Los Angeles. We are currently looking into multi unit properties ...
Hello, this will be my first deal, needless to say there is quite a bit of anxiety with it. Any insight, opinions, or help would be greatly appreciated. Im 25 years old, i have a good paying job, i have a 2 year old d...
Hi all!So I'm looking to get into my first deal within the next coming months. I've been looking OOS (Jacksonville FL and Kansas City) and while these are both great options, I'm looking to build a little bit more wea...