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I once heard a defintion of "Financial Freedom" that changed my life. The definition went like this;
"FINANCIAL FREEDOM happens when your wants and your needs are exceeded by your passive income."
Once I heard that...
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Is most wholesaling to investors only, not consumers? My aunt wants me to find her a house, and she says she'll pay me. Do I wholesale? I'm not going to sell it for retail to her. I have two other friends of frie...
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Learning more about seller financing method and its really discouraging because there is no true 0 money down strategy. Is there a general rule of thumb number i can use from people who have done this before. Attorney...
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Hi all,I'm practicing by running numbers on a diversity of potential properties. When I run my numbers on SFHs with rents >= $900/month my cashflow ends up >$100/month, but when I go down to around $700/month th...
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Hey Landlords and landladies! I'm sure each has seen many variation of tenants.I did want to "brag" on this SFH tenant of mine that calls me early to pay her rent with a smile. Wonderful! Same house I evicted a tenant...
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Hi All,My 61-year old father recently signed a lease with a 40-year-old Russian woman who had recently moved to America on a tourist visa and started working illegally ((he did not find this out at the time). She move...
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I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
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I have always been a contrarian (not a speller)but the danger is to take a position too early.
While my Texas friends are raking in the money in their market they are taking that market out of my reach
Just as in...
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Hi guys!I have a questions for you..I am trying to figure out which is a better deal...2 houses, same sq ft, both not in a flood zone, same neighborhood, same rent, same block structure, same everything, except:1) one...
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I have a 4 unit deal that I am currently analyzing. From what the seller has told me and provided me with, it seems to be a good deal. I've used the BP calculator but it doesn't pencil out all of the units the way I w...