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On a vacation to Whistler this past week I managed to read Rich Dad, Poor Dad (in between shredding the slopes) and thought that it was an interesting read. The concept of the rich buy assets versus buying liabilit...
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I have ready many, many opinions on the topic, but never one with my specific scenario, of course. I would love to hear some opinions on what others would do in my shoes. I'm a 36 year old in the Clearwater, FL area. ...
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My name is Trace and I'm new to real estate investing. I'm 26 years old and recently relocated back to the Birmingham area. Although I don't have any practical real estate investment experience, I have dabbled pretty ...
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I'm looking at a deal to invest in. It's a couple of metal buildings divided into 8 units (4 each) on .46 acres. The buildings total 7500 square feet. They are basically warehouse type of buildings with offices con...
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I started to look for SFRs but kept getting outbid, then went to condos thinking they are less popular but I still keep getting outbid. The prices just don't make sense, so I'm looking for other options.
I'm thinkin...
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When my wife and I bought a new house, we turned her house into a rental. I negative cash flow about $150/month because the house is underwater by about $80k (value $100k, owe $180k). She took out a first mortgag...
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Hi all,Newbie here. Creating a written plan with some spreadsheets. The basic plan is to buy a duplex with 20% down (100k down for a 500k property). Annual cash flow around $2,500. After the property has appreciated a...
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Being that I am young and wanting to get into investing in rental properties, what are some hurdles that you think I may encounter that I can be better prepared for? For example; lenders not taking me seriously, agent...
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Looking to buy your first investment property but just can't seem to make the leap? What's holding you back? What do you need answers to that will get you off the bench and onto the field? I was in your position 10...
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Again, not super cleaned up. Copied and Pasted off of my notes on my iPad. Enjoy!Dave Ramsey Money Makeover Chapter 1: Total Money ChallengeChapter 2 DenialFrog in Warming Water example - If a frog jumps into a BOILIN...