Hey all! I'm new to the forums (first post), although I've been lurking for a minute. I've been wanting to get some advice from people about my specific situation, but there's a lot so I'll try to keep it to the poi...
Hey BP family, I have a question regarding the best way to allocate my financial resources. My wife and I have four (4) rental properties, three (3) of which are owned free & clear and we have approximately $375 -...
Do you think it will be a Recession 2020?
Let me start by stating I find truths in both the Dave Ramsey camp, and the pull out as much as you can via leverage camp. I'm naturally conservative, but also have analyzed and utilized the power of responsible leve...
Hey everyone, I have a checking account I use to manage my rentals and other business expenses. I have positive cashflow on all my rentals so my balance in this checking account is accumulating but earning zero intere...
What is the difference between portfolio loans and DSCR loans? Or are they the exact same thing?
I don't know if this is in the right place or not. My question is when were you able to give up your job and just take care of your properties full time? Is there some rule of thumb to use in determining when you shou...
I officially started using quickbooks to help organize my accounting. I wanted to share with you how I set it up, and was looking for feedback on how others may organize/account themselves.1. I added my business bank...
My seller has an FSBO house with an ARV of $530,000.He wants $520,000. He owes $290,000 with a payment of $2,400 PITI.He wants a Down Payment of $75,000 and a two year balloon.--------------------------------------...
Good morning everyone, happy holidays. I have a question and I'm dying to find the answer. I keep hearing everyone talk about the1% rule and how it's important. But I'm looking at the Austin, Tx market for duplex/4 pl...