Even if you don't comprehend it the first time, things will soon click after numerous encounters.You don't need to be an expert in the beginning, although it wouldn't hurt to be.

Having been involved in numerous business setups, partnerships and entities, many which should never have been setup.

In Michigan, many government workers can retire in their early 40's with a pension for life and free healthcare.The state of Michigan did away with pensions in 1997 and every state employee now has a 401K.

Minimizing your living expenses by containing unnecessary spending is equally important as creating massive income if you want to be a full time investor.My passion in life is to help others improve their lives financially.

I read "Rich Dad Poor Dad" about a month ago and it gave me a new purpose in life after pursuing a career in education, and then really not wanting to pursue a career in education.

From what I have discovered, many parks with an owner-occupied restriction have owners that own numerous homes within the park that they rent.

I must be doing something wrong, but for the life of me, I don't know what that is.

If your target was a 10 cap but the inspector said a new roof was needed now for 8,000 you would go 86,940 purchase - immediate capex (8,000) = 78,940 offer priceMost investors shoot for about 100 minimum a door clear after anticipated costs and debt service per month.Remember the costs average out to 50% but some years you will use more and some less but it will average over time close to this.Big ticket items you need to build a cost reserve stable of when those items will reach past the life expectancy and plan accordingly.If you look at the BP file vault on here there is some free stuff and I believe a cost reserve stable in excel example is on here somewhere.

(Bad) Debt is a poison on your mind.How badly do you want to change your mindset and quality of life?

Even though I'm in my early twenties, reading this alone makes me feel like I wasted the last 15 years of my life!