Alex Silang
Getting to $100M networth
Okay, now for a ridiculous, hypothetical question.What's away to theoretically get to 100 mil in net assets. Assume this is for a "young" person who has several decades to reap the rewards of salary, compounded return...
Hank Olken
Ethics Around Reducing Tax Liability
Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...
Joel Owens
100,000 isn't much anymore
I just read a very sobering article on Comcast just now. Only a little over 6% make 100k a year or more in the nation.
Adjusted for rising costs many are just getting by and unable to save much.
Hyper inflation hasn...
KJ Miller
Is this a horrible idea?
So, I'm still learning the ropes and not ready to jump in to actual investing just yet, but I just wanted to throw my plan out there and see what people thought of it (especially Kansas City folk). Obviously the main ...
Brian Diez
"Operation Clean Sweep"
I'm new to this forum, but hope to add value since my area of expertise (credit repair) benefits real estate investors and seems to be neglected in this community.
On October 23rd, the Federal...
Account Closed
TimWieneke
Originally posted by "TimWieneke":I wish one of these REI guru's would just ________I don't know.....invest in property?
There's one thing JT does that I like. You give him the name of a town in an area where he's s...
Eric M.
What is considered Short Payoff Fraud?
BP member Scott Hubbard posted the Freddie Mac link below in another thread but after reading it, I thought it was important enough to highlight it on its own. To me, it was pretty eye-opening as to what Freddie (and...
Ryan Battista
My first 12 months wholesaling houses in Charlotte! The truth!
Hi BP, I have not posted in a while and I wanted to tell everyone about my first 12 month wholesaling in Charlotte NC. I will tell you it was not easy. There were highs and lows. I did receive a 30k assignment fee an...
Derrick E.
One of my keys to success with my low-income tenants
Hey guys, I haven't posted or been on here for a while. Like most of you, I have been very busy with my business as well as life. Just turned over one of my units and got some feedback from one of my tenants, which ha...
Kiel Martin
Buying homes for cash
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...