My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...

I've been a landlord since 2006.  Up until now I've never had to evict a tenant.  I've had people owe me what I would consider decent sums of money however always treated those tenants with respect from our first inte...

For the past few months, years perhaps, I've been trying to soak up knowledge in the area of note buying. It has been especially intriguing to me since my partner and I handle a large volume of foreclosures and I get ...

Just wanted to
Share what we are doing with our kids. We have 4 little chitlens ( ages 5,8,9,13) and we are always trying to teach them about money.
Monopoly and cashflow for kids are the games we play around here.
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I'm getting into a negative cash-flow deal to "speculate" on appreciation and future cash flow, after we can finally rehab the building, and using another cash flow deal to support it. Anyone else doing this? Thoughts...

Shock, Anger, Denial, Depression, and Acceptance…These are the 5 stages people go through during a traumatic event.About 2 years ago, I had my traumatic event when a family member’s health took a serious turn for the ...

I have owned student rentals, game-day rentals, condos and single family houses, but have never looked at vacation rentals.  I am in Charleston, SC and it seems like a good area for vacation rentals.  Does anyone have...

Hello,

I've spent some time reading these forums and more than once I've heard of middle or upper middle class real estate investors amassing large amounts of wealth, $5-10M net worth, over periods of 10 or...

I have a funny tenant story. I need you guys to tell me how you would deal with it since its an example of the little expenses that can eat up your profits.

My tenants were complaining loudly and often that their ho...

Is anyone selling part of their portfolios in overvalued markets before the next recession hits? If you’re in middle income areas are you prepared to make it through the next storm?? What are your strategies??