Background:
Me and my wife are both full time IT professionals with 9-5 jobs, which are more like 8-8 jobs really and sometimes weekends too. We decided to start actively investing in cash flowing multifamily real e...
As some of you may recall I made some inquiries on here a few months ago about the best way to protect our real estate holdings by placing them in an LLC. Well we consulted a lawyer and began the process through him o...
Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
After watching this awesome Tony robbins interview which you can find here==http://tonyrobbinstraining.com/320/interview-with-frank-kern-and-john-reese/ (It's about why beginners fail at internet marketing, but it's ...
My first post I believe to BP although I’ve read numerous posts within multiple forums.
I get a feeling from the community here - specifically buyers - that the wholesaler is unethical 99.9% of the time and not to be...
Hey all,Recently, I replied to a post asking folks whether they track their net worth. Personally, I do track my net worth. However, far more important to me are my financial projection models (which include projectio...
Prices keep rising... it's a sellers market... signs of a bubble are pervasive but.. is it a bubble or has the market changed permanently.... thoughts?
I have a goal to pay off a large loan in 10 years. Let’s say I have 10K available to put towards extra principal every month. Would I end up paying the loan off faster if I did one lump sum payment of 120K per year, o...
Hey guys,
I been following Grant Cardone, read the "10X rule" "Be obsessed or be average " etc but I feel like the Grant's message is a bit contradictory to what our BP contributors are suggesting(start small and wo...