I'm learning some hard lessons on my second rental property purchase here in California. I inherited 2 tenants that have refused to pay rent since closing on the property in late October. In late November I served a 6...
After reading Dan Sheek's book, First to a Million, I've learned so much about personal finance and I'm thinking about my future life decisions (I'm 15 as of this post). But my parents are disputing the options that I...
I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...
Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
I figured I would stop hijacking @rob k's thread and start my own about my squatter. For those who didn't read about my issue, I have a squatter living in a shed on a property I bought. The squatter was claiming ...
Hey all.
Writing about the john reed article that was posted on here a bit ago, talking about how most investor's deals they say are good are actually not at all, because according to him, every property over time av...
Every year around this time I see threads on BP asking about your goals for the coming new year. “Put it out there, hold yourself (or each other) accountable” yada yada yada. Those of you that know me well know that...
Has anyone else had their fill of posts concocted ostensibly to be informative but that are obviously thinly veiled attempts to funnel the uninitiated to the posters classes, syndication capital raise attempts, sub-to...
I want to know what your barriers are. What's stopping you from buying an investment property? -Time-Money-Knowledge-Coach/Mentor-Fear
Hello, I am looking at one of the last options in my price range of a duplex in Auburn, WA. List price is 235,000. But rents are only 1390 a month. We are shooting for offering 215 and counting on raising rents to at ...