BP brothers and sisters,  I quit the last job I will ever have today to focus on RE investing.  In 2003, while working in corporate America someone suggested Rich Dad Poor Dad to me. Eleven years and 28 properties lat...

Hi everyone, I'm hugely impressed with the quality of information I've found here so far, so I wanted to say hi and introduce myself. My name is Max, and I'm a San Francisco native. I'm in my late 20's and a Mechanica...

Just got a call from DBPR. That is the Department of Business and Professional Regulation in Florida. They regulate licensed and unlicensed activities. Their call was in relation to an unlicensed broker complaint I fi...

I have a rental home in zip code 23513 and wanted to know if it's worth switching the home to section eight? I understand that section eight makes those that qualify pay for a small portion of the rent and section eig...

So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...

I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...

The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative.  It must at least break even a...

Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.

This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...