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23 February 2024 | 25 replies
Rich, I know it has been some time since you posted this, however, I believe you bring a good point to the new construction community, especially now.
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22 February 2024 | 9 replies
I wish I had a parent or someone who could walk me through all the ins and outs like rich people do.
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22 February 2024 | 6 replies
You should just find a local investor from your area, i.e. a rich old man/family.
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23 February 2024 | 10 replies
Quote from @Chris Rich: I think it's tough to answer that for you.
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22 February 2024 | 5 replies
And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill 3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Ask questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcampsI wish you all the best in your investing journey!
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27 February 2024 | 2053 replies
@Rich N.
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21 February 2024 | 4 replies
It wasn't until I read "Rich Dad Poor Dad" that I truly understood the potential and dived in headfirst.
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22 February 2024 | 14 replies
you're not going to get rich quicker than that by buying random properties out of state.
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21 February 2024 | 27 replies
TWO EXIT STRATEGIES… proven strategies… or you’re not a professional investor… you’re just gambling with your family’s money.Almost ALL of the “ deals” I have been pitched in my region of Florida are built to assure that the wholesale gets rich… period.
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22 February 2024 | 21 replies
If you don't have the "dough" you don't have the "go".Based on what you are saying you will need 20% down payment for a rental + closing costs + operating reserves (in cash).Most people will not have this--some will do what they need to do to get it--some will not, some can not.A good first step might be to save up as much as you can for a year in a special savings account--by living frugally for 12 months.Then explore down payment assistance programs in your area for first time home buyers of a primary residence--if you qualify (and the home is in a good area for your 'Family" vs Gunshot Alley, then buy a home for yourself and your family.Getting on the track of being a homeowner will give you some additional strength, after a few years of ownership, re-asses your situation.Or work 2 jobs and save the 20% down, closing costs and operating capital you will need, but if you do that and your wife divorces you for it, then you will be in a worse situation than you are now.In the mean time, [1] read Rich Dad Poor Dad, and [2] have fun with your family doing things together (while you have the time), rent a boat for an afternoon, go on a pic-nick, hike in the woods, etc...