Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Cameron McNulty

Cameron McNulty has started 10 posts and replied 61 times.

Post: Pay off my car loan or invest..

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

@Andy Mirza thanks for the reply. Would you still recommend selling if it even it was a super reliable Toyota, that I’ll hold for many years to come?

Post: I want to hear your goals

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

@Season Price how many do you currently have?

Post: I want to hear your goals

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

@Jonathan Hulen when you say 15k net profit, are you talking annually, or monthly?

Post: I want to hear your goals

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

@Ross Gleason right on man!

Post: I want to hear your goals

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

@Joshua Little that's awesome man! So glad to hear that your going to be debt free.Do you plan on managing those properties yourself? if so, do you have a goal in mind to eventually outsource those responsibilities to a PM? 

Post: I want to hear your goals

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

@Brad Jacobson Are you guys focused on properties in UT alone, or other states as well?

Post: Pay off my car loan or invest..

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

Hi all. I have a car loan for about $11,000 that I have been paying for about a year now. I had my Mom co-sign for me due to having 0 established credit. I plan on refinancing soon, due to me paying nearly 6% on interest. I have been saving roughly $600 a month towards my first rental property down payment. What I'm wondering is your guys' opinion on weather I should tackle my car loan before my first investment property? Once I'm in the REI game, I realize I will be on the hook for God knows what kind of repairs/costs that REI brings. Your opinions please!

Thanks in advance

Post: I want to hear your goals

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

@Joshua Little Welcome Josh! Welcome to BP, and I'm honored to be your first post! That's a great goal you have set out, how do you plan on accomplishing these goals?

Post: I want to hear your goals

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

@Mary M. I like that idea, sounds creative. Are you using forced appreciation then using the profits after selling to use as down payments for more properties?

Post: I want to hear your goals

Cameron McNultyPosted
  • Minneapolis, MN
  • Posts 61
  • Votes 56

@Monica Breckenridge Very cool, what kind of properties are they? how did you get those properties free and clear so quickly? Were some of them purchased full cash? or did you use all clash flow towards the principle?