Fred Damali
pay off properties or use money to buy more?
My goals are to own enough real estate property that can produce 100k a year after all expenses and after having paid the ALL OFF. This will facilitate early retirement.
I am in mid 20's, and have 160k salary. I am ...
Sunny Burns
I rejected applicant, he said he would pay $150 extra/month
First time landlord here. We just started advertising our rental 3 weeks ago. $1675/month for a 3 bedroom in Garfield NJ. We've gotten a lot of interest, 30 different groups of visitors, of those 8 applicants...We wan...
Anthony Then
Real Estate Investors! Are the return worth it instead of stocks?
The title says it all assuming you can get back 7% on stock gains yearly, going by current trends this seems extremely conservative, companies today seem to be growing much faster than the historical data we usually r...
Sean Haran
Newbie with high income - Invest local or long distance?
Hello all! I’m a Bigger Pockets junkie and aspiring investor. I’m 26 years old, working as a solar sales rep on a full commission 1099 pay structure (no hourly/no W2). Income varies month to month from 8-10k per month...
Forrest Faulconer
Investment properties are great, but let's get PERSONAL.
According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...
Sylvia B.
Hello, I'm a slumlord
We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
Rich Weese
estate planning for well to do or wannabe well to dos!
I was asked deep in a buried thread to answer a couple questions about my reply in a recent post. here is the start.
I post a lot about parallel programs. There is a reason I do that. It is the best of both worlds...
Ashley Petersen
What would you do with $60k if you’re goal was $5k/mo. income?
What would you do? You have $60k in the bank to invest however you want. You might be open to opportunities all over the country. Your goal is to generate AT LEAST $5k revenue per month in less than 2 years time. What...
Rich Weese
This won't matter to me-but it should matter to you!
I'm too old to see a lot of the socialistic changes and bankrupt cities and states that you will. I just ask one question. How do we sustain the direction headed?
CBO (congressional Budget Office) just listed the...
Roshan K.
How many of you are financially free?
How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...