Paul Wolfson
Rich Dad Poor Dad - Do you rent or own your primary residence?
For those of you who've read Rich Dad Poor Dad, I have a question. Author Robert Kiyosaki advises to own assets, not liabilities. He says that buying your own house is a liability, since cash leaves your pocket each m...
Alex Bockey
Starting Airbnb Business in Denver CO
I'm trying to start an Airbnb in my hometown of Denver, CO. My plan is to rent from a landlord rather than save money to buy a place myself. This is because, due to my research, I should be able to start making income...
Sofiya Cherni
Incentives for tenants with chronic late payments
Tenants usually pay on the first Friday of the month. I’ve had them for 2+ years, 0 payments were received on the first of the month. I don’t send out late rent notice nor eviction notice, they are my literal neighbor...
Walter Edmondson
Rich Dad Poor Dad/Legacy Education Worth It?
Hey guys,My girlfriend and I are at a 3-day seminar by Legacy Education (using Rich Dad Poor Dad branding) and they are trying to sell mentorship for 16k - 51k$$.Throughout the seminar, they explain the importance of ...
Jacob A.
First Rehab Under Contract!
Hey everyone,
I got good news today. After several offers have been rejected I finally got my first rehab under contract today! I plan to walk through with my contractor in the next day or two to get a formal bid w...
Patrick Philip
How would I find a manager for my flips?
Maybe 3 years down the road, I would want to take a more hands-off approach and find someone to handle the day-to-day part of the job. Currently, I am there every day and doing a lot of the work myself.Where would I f...
Heather Pelletier
Embarassed to admit this but here it goes.
OK, here is is...It's time for me to get real and do something drastic. We are broke, I just went to the grocery store and needed to use my credit card. I have been married 11 years, we have 2 kids. I work part time...
Mickey Bradshaw
JV arrangement for notes
Hi,I'm new to note investing and I am considering a JV arrangement to get my feet wet and learn more about the process. Is it typical in a JV arrangement for the newbie to provide ALL the money and the experienced pe...
Kate B.
Buying a 4 plex with Absestos (vermiculite) insulation in attic
I thought I had a great deal on a 4 plex, and got 20% off the list price. We have a contract for a cash purchase. The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...
Daniel Maciag
Advice on living in hood
I am thinking about buying a 3 Unit MF house within 1 hour of train/bus commute to NYC for about 300-400k. The issue is, this is in the hood. I plan on being in and out within 2 years of renovation and renting out eve...