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All Forum Posts by: Reilly Addison Curran

Reilly Addison Curran has started 1 posts and replied 2 times.

Quote from @Nicholas L.:

We like helping people, and... we ARE making money for ourselves with our strategies. =)  Luckily there is plenty of RE to go around.  144M units in the US I believe.

Go to REIA meetings and network. Make friends and contacts in the industry. See what happens. Don't look specifically for a "mentor."

Book recommendations - Quit Like a Millionaire by Kristy Shen.  The Big Short by Michael Lewis.  The 4-Hour Workweek by Tim Ferriss.  Playing with FIRE by Scott Rieckens.  Work Optional by Tanja Hester.  Am I Being Too Subtle by Sam Zell.  Those are some good ones.


 Hey Nicholas, 

Thanks for responding! I will have to go to the library and read some of these. I am just currently reading about investing, tax code, etc and dont really have much money to put in the game yet. Should I wait to go to REIA meetings until I have enough money to actually get some skin in the game, or are they welcome for people just scoping things out?

Hello,

Ive been very interested in growing generational wealth and have started reading the classics, I.E Rich Dad, Poor Dad, and also a book about multi family investing from amazon. On the way are multiple BiggerPockets books in the mail, and I listen to the Bigger Pockets podcast daily while taking notes. Right now , because of my personal life I will not have the capital to invest as I would be comfortable for at least a year (looking to house hack , 3-plex here in Chicago). Given this introduction I have several questions.


1) Most importantly why would anyone with good intentions mentor anyone ? I grew up with little money and was forewarned of people promising to make you money. Not to be cynical or rude, but what motivations do people answering forums like these have? Surely it takes time and effort to educate dummies like me, what is the end game of classes, mentors, etc. Why don't they just take their strategies and make more money for themselves?

2) Book suggestions, Book suggestions, Book suggestions. Fortunately at my day job (which I love and don't intend quitting) I have the opportunity to read often. I have ordered 

The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom (Financial Freedom, 3)Curelop, Craig



The Book on Tax Strategies for the Savvy Real Estate Investor: Powerful techniques anyone can use to deduct more, invest smarter, and pay far less to the IRS! (Tax Strategies, 1)



The Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors (Tax Strategies, 2)

Are there any other must reads about tax strategies / beginning investing in real estate? Is there any summary of Tax codes that may benefit me specifically in the Chicago area?

Thankyou

-Reilly