We're learning the importance of reserve funds right now and in the coming months. In terms of months (I don't need to know your exact dollar amount) how much do you have in reserves?I'm talking every expense for your...

I am an advocate of "its better to have it and not need it then to need it and not have it" I do know some people don't feel comfortable with open carry. I have heard the argument it is safer for some people to draw a...

In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...

I would like to THANK BiggerPockets for your guidance and information made available!Reading, Listening to the Podcasts, networking on here and just everyone has been awesome! It has been a WILD RIDE! As just a year a...

Do you have a college degree? If so, in what field?
Has that helped you in your real estate investing? Or do you think you could have done with out it?
I am a firm believer that our path in life has lead us where we...

A recent blog post really, really struck me as bad advice. http://www.biggerpockets.com/renewsblog/2014/10/08...This is not the way we want investors to be representing us, and definitely not the kind of advice that t...

What's your financial freedom #? How do you plan to get there? And how far are you now?To clarify, this is based purely on passive cash flow. Meaning, how much money comes to your mailbox each month without having to ...

Wow, this one is a doozy. In all of my 10 years I have never seen anything like it.Friday a client of mine discovered a property for sale that he has had his eye on for almost 4 years. Back then, it was listed for $...

A Subcontractor quoted me $70 per hour to cut vacant lots, then billed me an additional $40/hr that was not agreed to. We have been arguing and now he threatens to send me to collections.The money is not important its...

I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...