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7 February 2025 | 10 replies
I have read multiple books on the subject but I am lacking someone in my life that has already walked through the process.
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24 January 2025 | 7 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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29 January 2025 | 6 replies
I have found ChatGPT to be particularly useful for testing new Book Covers for BiggerPockets, such as our foray into the personal fitness category with upcoming title "Sweat for Life":
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13 February 2025 | 14 replies
Just be sure they have a strong plan in place to market your properties quickly and that you thoroughly vet their tenant screening process to ensure minimal vacancy and high-quality tenants.Ultimately, finding the right PM should make your life easier, not harder.
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11 February 2025 | 13 replies
Let’s break it down and explore how you might approach this idea, the challenges you could face, and ways to structure a deal that could work for both you and the landlord.Why the Landlord Might Be Open to SellingThey’ve moved out of state for health reasons and don’t have family nearby anymore, which might reduce their emotional attachment to the property.The idea of simplifying their life and pursuing something like sailing around the world suggests they could be open to letting go of the property if it helps them achieve their goals.With significant equity or potentially owning the property outright, selling could provide them with a substantial cash windfall to fund their future plans.However, their belongings on the property could signal hesitation to let go or simply a logistical barrier they haven’t addressed yet.
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8 February 2025 | 22 replies
I know it defies logic, but many things in life defy logic and the evidence I've experienced follows suit.
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27 January 2025 | 9 replies
This may come into play as you near the end of life and need to think about estate planning.4.
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8 February 2025 | 49 replies
Life changing for him.
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9 February 2025 | 36 replies
Multifamily mindset has recruited students from all walks of life such as teachers, medical doctors, veterans, real estate agents, business men, and I was included into a group (multifamily mindset encourages students to form groups) and one of them is a veteran who is divorced, has kids to support, not employed during that time, got a loan of $40,000 for the tuition.
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24 January 2025 | 8 replies
ThanksAre you above or near the life-time excclusion?