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Currently reading Why the rich are getting richer by Kiyosaki and for the record enjoying it just as much as his other books that I have done.In Chapter 14 he gives the example of Mary a 40yr old W2 earner of 100K pay...
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Who is an advocate for paying off their rentals and just enjoying the cash flow? I’m fully aware of the down sides of this, but thinking it could be a better fit for what I want out of life. I’ve also recently spoken...
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I am reading a book by a well-known author right now and he has some disparaging remarks for yield measurements for real estate investing. I tend to agree with him given that most real estate activities carry a huge ...
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Hi everyone, Can anyone tell me if there is a tax benefit for going with a 15yr mortage vs a 30yr? I am in the market for my first investment property and I came across a seller that is getting rid of his portfolio. ...
Hello BP Community!This is my first post on the BP forums and I would really appreciate the input of my fellow members on a sample deal analysis as well as an array of relating questions. Before I get started, I want ...
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Hello BP!I just joined the site today, and relatively new to RE investing. I am an engineer by profession in my late 40s, and would like to get more involved in RE in the San Diego area. I feel like there is lots of w...
Having trouble knowing whether or not you paid a bill? No problem in QuickBooks. (Screenshot may vary depending on the version of QuickBooks you own. This is taken from version 2014)Click on “Edit” from the upper task...
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Greetings. I’ve been in the game for 1 year and currently own 2 tri-plexes. I’m currently in the middle of a brrrr transaction. I’m seeking another property to brrrr as we speak! As I’m looking for a home- I feel all ...
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Hello BP community,
I've now listened to 40 different podcasts and have kept mostly true to my buy and hold strategy, but there are so many other great strategies that could help me generate income.
What questions ...
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There seems to be an improper focus on occupancy. I can put a place out there at a dollar a night and get 100% occupancy. I can put a long-term rental apartment out there at 30% off and be occupied all the time. It do...