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I thought I'd share my approach and strategy to buying foreclosures that has served me pretty well.Foreclosures – Assessing ValueWhen you buy a foreclosure, not only are you assuming liens on the property, but you’re ...
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I have just acquired my first two long term rental properties this year and am looking to take advantage of the tax benefits. How important is it to get with CPA to assist with tax benefits. I have spoke with my paren...
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I have been reading “Rich Dad Poor Dad” for the first time and I have to say...mind blown. I always saw my dad as very financially responsible, coming from a very poor upbringing and making a comfortable life for our ...
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It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
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I always hated being stuck in human body, and the human brain is even worse. It has this storage of ridiculous stupid emotions that hold us back and in my case it's stronger than any rational capabilities I didnt get...
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Hello All,I know this is a very common question, but I'm curious what people will say. We recently sold a duplex that was no longer a good investment and made about 160K off of it. I still have about 50K in student de...
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Greetings fellow bigger pockets members and fellow real estate investors. I recently finished my profile and would like to begin networking and introduce myself to fellow investors. My name is Alex Winder, I am a 23 y...
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I am 25 with 3 rentals and a home my father lives in.
My first two rentals are kind of "slummy" not a part of town I would live in, but not great.
Property #1 - I paid 12k for one and it rents for 300 (...