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22 January 2019 | 6 replies
Got motivated by reading "Rich Dad Poor Dad" and "Cashflow Quadrant," and I have a decent amount of capital to get going.
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2 November 2018 | 7 replies
Hello Parechay, Rich Dad Poor Dad was a great read.
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5 July 2018 | 6 replies
I came to USA in 2014 with just $400 and joined a 2 year Master's in Computer Science Program in NJIT,i completed this in just 10 months.While doing masters i started reading books related to financial freedom.My first book Rich Dad Poor Dad as most of the people's beginners guide.i moved to florida in 09/29/ 2016 and i closed my first property in 09/29/ 2017 which leads to financial security which means total expenses=total passive income.I am closing second one 5/7/2018 which will bring in extra 800 in passive income.About Properties: First is Condominium for 120000 , 3 bd 2 bath, i do AirBnB in one room, stay in one and rent the other to my friend.This will bring in 400-750 in passive income.Second one is near Downtown Orlando for 230000, which is worth 265000 as per appraisal. i will be renting the rooms as this property is having 3 Bd 2 Ba and 1 Studio Apartment which will bring me from 600-1000 in passive.My Goal is to reach 10000 in passive income, Please guide me how to reach this destination as many of you reached.i am improving myself and these are the action list1) Reading books related to Real Estate (One house at a time, Buy houses with No Money Down by Brandon Turner, Millionaire Next Door.2) This Discussion to reach as many amazing people and achievers as possible.My Questions1) How to buy next homes ?
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3 July 2018 | 19 replies
I have 5 free and clear rentals and I love the cashflow they provide and when I buy one more I usually pay it off fast with all the cashflow from the others, but after reading here it seams like I should be using leverage instead.Thanks for the Advice Anthony
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2 July 2018 | 2 replies
You can get some ideas of how it is done by reading https://www.biggerpockets.com/forums/600/topics/58...
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2 July 2018 | 1 reply
Please feel free to place books for me to read regarding budgeting my income, investing and personal finance in general.
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2 July 2018 | 2 replies
From what I've read, if you have significant equity in your quad you can cash out refinance and use that money as your downpayment on the next property.
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2 July 2018 | 4 replies
I read today about the new Section 8 ruling and I'm looking forward to how people navigate this new ruling.
5 July 2018 | 4 replies
I did a little bit of reading on the legality of multi-family homes and my understanding is that if it's more than two units then the landlord will need to get a certificate.
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3 July 2018 | 2 replies
Applicants are free to read it or take a copy.