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A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
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Looking to get going on some real estate so I can replace my wife's income and she can quit her job. Please poke holes in this strategy. We currently live in a 1000 sqft single family home that we pay a mortgage on. M...
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In a 2018 video, Ken McElroy said he doesn't do apartment investing anymore. Talked about how it is too hard to make them work with the low cap rates, and instead he builds from the ground up. He's obviously a big nam...
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I'm I not reasonable for not signing my turnkey contract because it has this condition? "If the property appraises for $120,000 or more the buyer agrees to purchase the property at the $129,950 purchase price indicate...
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I read a post that said “Real Estate is 95% Mindset & 5% Real Estate” it’s seems to be true because some days I can work on finding a deal for about 4-5 hours and there’s other when I can’t even do it for 30 mins....
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What is a fair profit split on a 100% funded rehab flip JV partnership under the following circumstances:1) Rehabber who has limited rehab experience?2) Rehabber who is very experienced?3) Funding partner will do ...
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I have 18 rental properties Free and Clear bringing in 18K a month and worth around $1.6 million. I happily manage them myself but I want to retire in 7 years at the ripe old age of 55. How do I do this?
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I believe I may already know the popular vote, but here is my situation: I purchased a brownstone in Brooklyn in 2014 as a shell and the house underwent a gut renovation. It is a 3 unit building that my wife and I occ...
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When I was a kid, I would look at the cars as they would drive down the road. All of the cool cars I would either think to myself or ever say aloud to myself, "That's my car." And when I was asked how much money I w...