I have been trying for years to reinvest $100,000 into some form of real estate and have gotten absolutely nowhere. Because I own my own business and deduct HEAVILY off it, I qualify for zero mortgages, even with perf...
I hope to provide an informative account of how I was able to scale to 92 units in 16 months, leave my W-2 job and truly find my passion.Back Story:I am 33 years old, I am married with two young (1 and 3) children. My...
I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...
I just read the article that was on this site " Investing in rental properties won't build wealth but this will".
To sum it up and NOT verbatim is says, it's a good idea to invest in rental properties but to think ...
Would anyone recommend taking on properties only as you can afford to buy them cash? Or is taking on debt in order to secure new properties recommended.Currently I do not like debt because of the obvious cost of borro...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
I have watched several discussions, including David Greene's video, around the recent lawsuit against NAR and RE brokerages. Learned a lot but there is one thing I just don't understand. If we look at the numbers, the...
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Hey BP!So In my continued research into real estate investing, I came across Turnkey Investing. They offer a lot of positives for the investor who is just starting out or is looking into part-time investing. I know ac...