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Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
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The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
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Hello friends! I'm crowd-sourcing your BIG ideas, goals, and dreams for 2020. What do you want to do with your real estate business this year? Why? What are you going to do this year to move toward financial freedom? ...
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Another chance to be featured in the next issue of BiggerPockets Wealth Magazine! In 50 words or less, let us know: What 2021 accomplishment are you most proud of? It can be real estate-related or anything else that y...
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On another thread there has been some discussion on buying silver. Since I have been wanting to buy but am unsure I thought I would start a different thread for that. Here is my question. I go online to a site like...
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So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...
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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...
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So, this is in the news now-days. Here are a few thoughts - feel free to jump in:I've often said that I think it's kinda naughty when people charge $30,000 for real estate education. My rationale is as follows:Real es...
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Hi everyone, newbie here. I'm planning to buy my first investment this year. I'm trying to do as much due diligence as possible to protect my investment and assets if the real estate market crashes in the future.For b...
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Hey guys,I was just wondering if has gone through the process of a bank calling a loan due on a subject to closing? I would be really interested to hear how it went, how much time you had to correct or what actions th...