Challenge: How would you achieve a goal to make $30k a month in rental profit in 5 years?

Newbie here. I've set a goal for myself to make $30k a month in rental profit in 5 years (shoot for the moon goal fo...

Since I personally don't like the word newbie...I will use the word neophyte-a person who is new to a subject, skill, or belief. Many times it is used in a religious context and one could argue that real estate is a r...

When evaluating a property what do you look for:

High Cashflow?

Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.

or

...

The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...

It's been a long road, but I've finally paid off one of my mortgages TODAY.The good thing about this loan is that I took it over "Subject to" many years ago and the owner of the loan had already paid it down some(the ...

my tenant completely trashed my place, deposit will not even cover the junk removal service I called my insurance (USAA) the adjuster showed up and was very helpful : turns out Trashing the place is not covered BUT (b...

I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...

Hey BP! I have an interesting and important dilemma in real estate that I don't feel gets touched on enough. It's something I've been struggling with for years, despite the tremendous success I've had over the last fe...