Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...
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http://money.msn.com/how-to-invest/what-it-takes-to-get-really-rich-mirhaydari.aspx?GT1=33014
Can one still get rich? What is the new definition of rich? Best way? Is it more difficult than ever before?
What is the...
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I just started listening to the BiggerPockets podcast about a week ago (due to this incoming windfall of cash that I initially didn't have a gameplan for) and I think I’ve powered through 20+ podcasts so far! I cannot...
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Where are all my boring investors at? Does anyone else prefer good old buy-and-hold long-term rentals?
20-25% down, duplex, break even on cashflow in a promising area. That's what gets me excited.
I've done major r...
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Alright so, other than my introduction, this is my first post here. I have been thinking about this idea for a while, but I need some perspective to un-noobize it.
Owning a Lambo is definitely one of my dreams in li...
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We all have different cleaning standards, but some people are just filthy! Below are images from an actual apartment that's been occupied by the same tenant for almost 30 years. He pays 15% below market rate but has n...
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I've read through hundreds of post on this website about Tax Liens and Tax Deeds, and almost every single one is discouraging investing into it stating myriad of different problems and nuances. However, when you searc...
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I love the forums and the podcasts, but one constant I see is that people are looking to add more properties or refinance properties for cash to buy more properties etc.Why don't more people start snowballing down the...
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I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
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I am just begening in real estate investing obtaining as much knowledge as I can before I dive in. I understand that real estate is a slow grind and in by no means of getting rich quick. My first goal of mine was want...