3 April 2020 | 5 replies
@Joe M.The education from BP and most other reputable sources always taught to keep reserves.
24 March 2020 | 7 replies
I understand how important is it to build an educational foundation before getting started so I'm currently diving into all the below materials:- The Millionaire Next Door- The book on Rental Property Investing- The Book on Investing in Real Estate with No Money Down- Long-Distance Real Estate Investing- The Millionaire Real Estate Investor- What Every Real Estate Investor Needs to Know About Cashflow- How I Turned $1,000 into a Million in Real Estate in My Spare Time- BiggerPockets podcastsI know there are a ton more helpful materials out there but in an attempt to prevent/minimize analysis paralysis, I wanted to limit myself to the top; however, if you guys have any strong recommendation that brought you immense value, please share and I'll add to the list.
22 March 2020 | 2 replies
Given everything that is going on in the world today, it is pretty clear to me that we are headed for a global recession/depression due to the economic impact that will be felt worldwide from the Coronavirus.Hopefully I am wrong, but the signs are pointing this way...So to be as prepared as possible going into these time, through and coming out the other side, as this really being the first recession I have gone through that will impact me significantly (as the 2008/9 one I was young enough and going through post secondary education that the impact to me was minimal), I wanted to lean on the experience of those that have been through one of more recessions.Here are some of the questions that keep coming to mind:Previous experience:- how did you protect your downside and mitigate risk in your portfolio and personal finances when you realized where the economy was headed?
23 March 2020 | 5 replies
ITIN is not so important as it is mainly to file taxes and may be required when dealing with IRS..It's good to educate yourself now and when the dust clears on this Covid 19 you are ready to make some moves..
23 March 2020 | 2 replies
Here is my 6 year plan: ill spare you all the in-depth speech and please add too or poke holes:While I am in Germany (3 years):Build capital while educating myself and doing small investments in the stock market and paying off debt.
23 March 2020 | 3 replies
I look forward to continuing my education here.
22 March 2020 | 1 reply
For 2 to 4 (or SFH) you can learn that from the "Education" Links above.As far as a job goes, it's intelligent to get the best paying (stable paying) job that you can and live within your means and save up as much as you can as fast as you can.For that read "rich Dad Poor Dad" (it's an easy 8th grade read).Good Luck!
29 March 2020 | 29 replies
If you have your investor's back, constantly inform and educate them - manage their expectations.
24 March 2020 | 5 replies
As with any profession it starts with education.
30 March 2020 | 7 replies
It just makes me think your education is really lacking.