I spent a few years in the mid west in little towns that mined lead. At one time, the real estate investors there probably thought “we use lead for everything, no way it could fail as a commodity. If I hold onto this ...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
I know this title might be confusing but this is what I tell new investors or friends when I meet with them. Cashflow Should Not be the only thing you Consider when Buying Rental Properties. Like many I started my Rea...
Hi everyone! I am from Atlanta, Georgia, but have been living in Asia (currently Tokyo) for the past 7 years. I and my wife plan to move to the US around the end of this year at which point I'm planning to start a c...
Hello friends! I'm crowd-sourcing your BIG ideas, goals, and dreams for 2020. What do you want to do with your real estate business this year? Why? What are you going to do this year to move toward financial freedom? ...
Is factoring in property management into your investment spreadsheet overrated?Cons of property management: I always care about my property more than property manager, lower ROI, and the probability you lose touch wit...
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
I spend a bit of time reading and contributing to different forums... Real Estate, FIRE/Early Retirement, Sailing, Overlanding - and every time I come here to BP I'm left wondering why the discussions/goals I see on ...
Hey Guys I was on another forum and Tim Gordon posted something that really struck me. He said " At this stage of the market, those who can't succeed teach." This is something that I wholeheartedly agree with and some...
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%...