Scott Lepore
Let's be realistic with the BRRRR thing
Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...
Farakh Zaman
Should I give up on buy and hold?
So we've spent the last 7 months looking at deals daily. We have run the calculator on this site to the point I don't even need to think to put in the numbers...but literally nothing has panned out. 5 cities, 600+ p...
Ryan Guffey
Starting while working 60 hour weeks
Any tips on getting started while working 60 hour work weeks?I've been trying to read a few books, and start getting a plan together but I haven't been able to start networking or anything yet. I dont have much financ...
James H.
Are car loans really that bad?
I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
Marcus Auerbach
Why getting into real estate primarily for cash flow is wrong - and even dangerous
Hear me out.Over the last years, more and more of the BP discussions circle around cash flow. As LTR was getting harder 2018-2020 STR became the new thing everyone started chasing. Until that started getting difficult...
Shannon Shannon
How to understand if I can ever be granted permission to work from home while in an HOA that says NO?
I am simply beside myself. I am VERY new to SC...and about to put in an offer on a home only to realize the HOA forbids ANY home businesses of ANY kind. My career is in family based home child care (6 or less kids)......
Craig Curelop
House Hacking Research #2- Ask/Answer any House Hacking Question!
Hello everyone, This is part 2 of my research project for house hacking. Please let me know any questions you have surrounding house hacking. If you have the answer to any question you see, feel free to answer. Thank...
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
I want to talk about my experience taking Rich Dad/Elite Legacy Education's three days Real Estate workshop. The conclusion: it's a scam. The purpose of this post is to alert people about this $35K scam (since BP has ...
Christopher Morris
Is Relying on Cash Flow Feasible?
Listening to all of the podcasts and reading the BP books / Rich Dad Poor Dad types makes it seem like building a portfolio and scaling smart could lead to early retirement and living on cash flow that ultimately repl...
Joshua Dorkin
Beware of the Real Estate Guru Trap: What to Look for & How to Protect Yourself
Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.
The article breaks down both the typica...