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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Hi -Is it possible to draw up a offer letter without an agent? I think I found a solid home I want to capitalize on.I did all the work myself so I feel guilty in giving someone a cut if I went through the trouble of d...
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First of all, thanks to everyone who takes the time to post on this site. I've been reading for a few months now and have learned a lot. This is my first post and I hope this thread isn't too old to be commenting on...
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It seems that the idea of a self directed IRA is a buzz word in the BP community. If you use a self directed IRA, would you be willing to share what advantages made you choose that investment vehicle? I understand t...
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This may be the type of question a few of you may call me an idiot for asking, but give me some slack here, this is my first ever investment property. I have been searching around Bigger Pockets and asking friends/co...
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For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...
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I am developing my business plan for buying and holding. I was talking out some ideas with another investor, and she said you should never pay off your properties, and never pay all cash.
It seems to me that if you d...
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Hi all, I couldn't get the numbers pencil out after looking at tons of B class and above turnkey properties, here's a hypothetical example. SFH 3/2 Turnkey price: $100,000Monthly rent: $1,000 (most turnkey providers c...
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My brother and sister in law are realtors in Nj and they spoke about the impact Grant Cardone had on them. So I started looking into his methods and strategy. I came across a video where he discusses never to look for...
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I have been debating what percentage of my income to keep investing in my retirement accounts through my employer and thought it may be beneficial to ask if anyone had reasons for or against contributing more than req...