23 November 2017 | 5 replies
That sounds strange, but you have nothing holding you back from venturing out of your security...because you have lost that security blanket that was your job.I would venture to say, that most of the success stories in history, started out where you are right now...me included.So, with nothing holding you back, and with plenty of time on your hands (time will always be your greatest asset...since you can never get it back), if you want to get into REI, you need to do the following:1 - Learn,2 - Learn some more,3 - Keep learning.Places to learn (before you say "that costs money"), that don't cost any money are:1 - Online education sites that have free articles written by experts in their fields.2 - Free e-books, that you can get online.3 - Joining your local REIC's to both learn and network.4 - ...and never stop learning...even when you become a success at this (and you will)Also, three very critical actions you MUST follow to be a success:1 - Always think possitive.2 - Train yourself to think of future "obstacles" as temporary problems...and you are the problem solver.
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11 January 2018 | 25 replies
Watch your deductions on your schedule E.
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26 November 2017 | 9 replies
@Brian Karlow Sounds like you could tack a trespassing charge on to what @Stan Hill said about B&E.
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28 November 2017 | 9 replies
., an actual rentor in with a lease agreement is great documentation.Email conversations with your professionals strategizing on how to treat this property long term is also documentation.Getting the property on your Schedule E is pretty important as well.All of these things paint a picture.
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27 November 2017 | 3 replies
Originally posted by @Sebastian E.
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28 November 2017 | 11 replies
(https://www.eventbrite.com/e/cincinnatis-best-ever-rei-mastermind-november-edition-tickets-39292482874).
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13 December 2017 | 17 replies
You guys be on the wrong side still, hanging out on the S & E side!
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9 December 2017 | 10 replies
Here are some I would recommend (presuming you're looking to do buy and hold rentals):Personal Development: The Science of Getting Rich, Miracle Morning, The 7 Habits of Highly Effective People, Be Obsessed or Be AverageBusiness: The E-Myth, The Millionaire Fastlane, Good to Great, TractionReal Estate: The Millionaire Real Estate Investor, The Advanced Guide to Real Estate Investing,Finding and Funding Great Deals, The Book on Negotiating Real EstateI've also heard good things about How I Turned $1,000 into Five Million in Real Estate in My Spare Time and bought it but have yet to read it (as I'm not in rentals).