Mission Statement

Initial goal will be to generate enough passive income in order to maintain a lifestyle without a job. $4,000 of passive income will allow me to live without a full time job. Next goal will be to ge...

Hello all!

I just got back from a home buyers seminar at BMO|Harris Bank. No one showed up so it ended up being me with an agent, lender, and insurance agent. It was really informative meeting for me because ...

Hey Guys!It seems our tenant kept unauthorized dogs at our property, and there are extensive pet damages to the house (flooring, fence). We think the repairs will SIGNIFICANTLY exceed tenant's deposit. Of course, we w...

Hello,

Newbie here trying to absorb as much knowledge as possible. So I've listen to BP for a bit now and there is a reoccurring phrase I hear not only from the host but other investors and that is "get out and find...

Hey all,I recently came upon an interesting opportunity to purchase an 8000 sq. ft. 20 bed 7 bath retirement home that I plan to turn into 6 apartments.  I figure I can get the property for $210,000 plus closing costs...

Hi

I’m new to this site but people here are friendly. Looking for recommendations for books on buying out of state or anything you have learned doing it yourself. Thanks!

Charlie

It seems every contractor wants at minimum 1/3rd, 1/3rd, 1/3rd (or more upfront), despite advice on here to not put more than 10% down.I've scoured the General Contractor Payments in the forums and it seems the ones w...

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HiIm looking for a cash flow deal in 3 diffrent states.Tampa FL. North Carolina.Columbos Ohio.I like to know from ypur experiance wich one of them are a beter market.Thanks

Introduction
This complex topic has been discussed on many BP threads, with persistent misunderstandings and misrepresentations. Many investors fail to grasp the fundamental principle of taxation: you cannot, based o...