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I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
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I was shocked, when I read a statistics about the level of success in the real estate investment industry. According to the information I read, only 5% of would be investors actually buy something. Does that mean, 95%...
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We've all new to this game at some point. What was the biggest mistake you made when getting started? Did you discriminate against someone?Did you find your lease in the bottom of a Cracker Jack box?Did you let emotio...
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One thing that continually boggles my mind, and I often hear on podcasts, is how are people able to scale so quickly and buy their 2nd, 3rd, 4th, 5th properties so quickly after the first (often within a year of buyin...
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What do you invest in when all the cyclical investments seem to peak at once?In my humble opinion:Real estate is due for a correction.The stock market is due for a big correction. Every currency is on shaky ground.Pre...
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I've been wondering lately if the American people would rise up and fight for ANYTHING? My personal opinion is that the American people would give up every single right they have (including their property) and become...
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Do most properties you buy cash flow positive? What percentage of properties that you purchase will cash flow positive when rented out? 95%, 90%, 80% or less? What is the risk of buying a property that does not cash f...
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So in October I bought a low income rental in and ok neighborhood. My other rental is in an attractive neighborhood in Minneapolis and has been a breeze.
This low income rental has been quite a bit more work. It’s go...
A humorous tag line but a series topic. (grab a soda, this will take moment)One of the things that I like most about BP is the ability to come here and talk at varying depths about something that I am extremely passi...