Rich vs Wealth

As I have been taught, the difference between rich and wealth is rich people work for money; wealthy people have their money work for them.

To illustrate, some professional U.S. athletes ...

BP Community,After spending several months listening, learning and analyzing I am asking for a couple of minutes of your time to give me your opinion on the following deal (which would be my first one). Is it a homeru...

Hi BP friends. I'm an aspiring real estate investor and I have a question regarding cashflow vs net worth when starting out.I've made an introduction thread before but once again my situation is as follows. I am 30 ye...

AND imagine the real estate is NOT cash flow positive. Consider the ‘negative cash flow’ as simply additional reinvestment…just like the S&P.
I am all about building cash flow over time through real estate. Howev...

Good morning everyone,
I invested in a syndication deal back in late 2021 through Simple Passive Cashflow and Truepoint Capital, with Lane Kawaoka and Kyle Jones respectively as GP's. The deal has produced 1 single d...

Dear wise real estate investors,I am small time.  Just own one rental property (outright), which is worth about $160k.  I am wondering if I should take out a mortgage on it.  Here are my considerations:I will be leavi...

**This is the intro to a possible multiyear diary. Sorry for the long first post, I wanted to give context. My goal is to update this every month when I update my personal balance sheet**So today is my 38th birthday. ...

About Me
Hello, everyone! I'm Jeff, a 29 (soon-to-be thirty) year old looking to explore the world of real estate. Specifically, I'm looking to buy, renovate, and rent out property. I have no experience, but I'm ...

I just finished @Scott Trench's Set for Life (as you can no doubt tell from how often I reference it) and I had a thought/question I'd like to put to everyone. What do you think about using a Roth IRA as a component o...