For those of you who've read Rich Dad Poor Dad, I have a question. Author Robert Kiyosaki advises to own assets, not liabilities. He says that buying your own house is a liability, since cash leaves your pocket each m...
Every time we're preparing for a new administration, there's plenty of tax-related noise. The new President is going to do this, do that, yada yada yada.Unfortunately, a lot of financial and tax professionals join thi...
I'm new to the world of investment. My goal is to break free from the "cubical nation" by learning real estate investment game. I looked at lien certificates and deed investments. I need some help understanding how to...
Hello BiggerPockets community!Wanted to share the details of our most recent BRRRR project in Cuyahoga Falls, OH (just north of Akron). We purchased this property off the MLS as a 2 bed/1 bath for $55,500. Total renov...
Hi Everyone! I am so excited to have found this amazing resource to help me begin my real estate investing career. I am 26 and currently work in client account management and know this is not where my heart resides. I...
Warning- This is long-
I just got my taxes back for last year and I am really confused. I have tried to grow my rental business a bit too rapidly and I am trying to figure out how to level this out so it wor...
I began investing in syndications as a multifamily limited partner around 5 years ago, and the passive income that I'm making is enough that I was able to quit my job last week. I'm 56 years old, and I was an accredi...
I am sure the answer is no but I have to ask. I am looking to purchase a triplex with a large commercial space, it has an overhead door and concrete floors. Great for a plumber, electrician, etc to have a shop. Anyway...
AS we all get focused on one or two types of Investment properties IE cash flow is the only thing to invest in or buying for appreciation is better or the combination of both.. However for truly passive long term w...
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...