I've been a hardcore follower of Dave Ramsey and have done his Debt Snowball in the past and it was very rewarding.  The problem was that I started to veer in the past 4 years and take on more debt such as buying a La...

Hello everyone, I have a family friend that is about to go to college and is very interested in real estate investing and says that will be his future. He asked me what he should major in and I told him business admin...

Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy).  Property taxes are already high, but ...

Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...

Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...

Would you agree or disagree?

Like many other real estate investor, I seek to buy and hold real estate, and enjoy the cash flow and any possible appreciation.   However, since my target properties are lower end properties that often requires rehab...

It is pretty amazing to find just how many people are offering "mentorship" for 10s of thousands of dollars to newbies who want to get into real estate.  What is more amazing is the amount of people actually buying th...

You've probably heard the "would you rather" scenario about being offered $1M or a penny that doubles every day for a month, right?
Well, consider this little twist…
So, in case you haven't heard, a penny that doubl...

On some other threads, there seems to be an underlying debate or difference in philosophy around buy-and-hold investment strategy:  In one camp, the goal is to invest in high appreciation areas, even though they are h...