This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...

Listening to people beat up on the young folks for having their student loans paid off. Look at this people born between 81 and 96 are getting poorer while the rest of us are getting richer. What this is really sayi...

Ok, so I have a deep interest in helping people understand how to be successful in real estate. I'm an entrepreneur at heart and I would prefer to make money giving the time, knowledge, and experience I have to other...

A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...

Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...

Here in Chicago commission have typically been between 2 and 2.5 percent of gross sale price but now with the new rules I have not met any agents willing to take less then 2.5% so what has happened is the listings tha...

If you had to guess, what is the success rate in real estate investing?  Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...

American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...

Gold broke the $1000 an ounce barrier last week and is zooming up over $1100 as I write this. It seems to me that the money that the Fed's loose monetary policy is going to come home to roost. If I recall the 1970's a...