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17 October 2024 | 8 replies
Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.
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18 October 2024 | 29 replies
But I don't think there's anything wrong in providing context or clarity to a poor review.
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14 October 2024 | 8 replies
I suspect poor communication was a reason that such a low percentage of people who paid $300 atrended (in San Diego I attended the STR workshop and room was full - this syndication workshop we sat around one table).I have heard Codie present and she is as good as you indicate but not an RE person. one of her lines is something like there are a lot of millionaire RE investors but not a lot of billionaire RE investors and I want to be a billionaire.
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17 October 2024 | 5 replies
If you make the membership of this entity the members of the other 2 LLCs then you've also probably simplified and defined decision making power as well.
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16 October 2024 | 11 replies
It wasn't the messiest thing I've seen, but still required clean up on my end which the clients weren't happy about at all.The third client is a self employed hair dresser and she compained of poor communication, inability to understand what they wanted form her and complete confusion over their payroll directions.For the price paid, I'd say the results were mediocre at best.
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16 October 2024 | 32 replies
Relative to the past 15 years, it is a poor time to buy residential buy and hold.
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17 October 2024 | 19 replies
An official background check and personal referrals can help you identify red flags unrelated to finances, such as poor tenant behavior or previous criminal activity.
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16 October 2024 | 1 reply
The decision would be based on the income situation, so I'm not worried about violating fair housing laws.Lesson learned...
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17 October 2024 | 7 replies
@Manthan Patel Whether to use a property management company is truly a personal decision, so it comes down to you and how much you value your time, how much you want to be involved, etc.
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16 October 2024 | 5 replies
The sooner you invest, the more time you have to benefit from compounding returns and property appreciation.Key Lesson #2: Leverage Financing Wisely Using my VA loan was one of the best financial decisions I made, but I didn’t fully understand the power of leveraging financing at first.