I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...

What if your son or daughter isn't sure what they want to do? Can you afford to spend $100k+ to educate them .... is it worth saddling them (or you) with so much debt that it will take years to pay back? Has college ...

Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...

I recently found out about a real estate investing mentor group called Lifestyles Unlimited based in Texas and decided to do some research on it. I came across a thread on this forum about the company from 2008 and ve...

I recently got my first property under contract in the St. Louis, MO. market (Florissant, MO. to be exact).  I do not have a buyers list but yet I have managed to make some great connections regarding my area where i ...

My name is Ami and I have made a pretty  big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...

Are you a member of a local real estate club?

Please share with us the following:

1 - What is the name of your local real estate investing club?
2 - What do you like about the club?
3 - What do you dislike about t...

Hi, I wish to give a warring- this one is long. The short version is at the bottom of this post.  I heard a few different opinions on what I am about to write to you, so I need a very specific advise here, if backed ...

- When you first started out, did you invest in GURUS, Mentors Or Books? Or all three? - What helped you GROW?

Hi Folks,

Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...