Hello BP, my name is Mike Guenther and I am taking the plunge into the complicated and exciting world of real estate investing! I am 24 years old and living in West Hartford, Connecticut. I work at Pratt & Whitney...
Newbie here. I listen to the BP podcast almost every day, and I notice that Rich Dad Poor Dad is suggested by a large number of guests in the Famous Four, or at least referred to frequently.I've read the book and I th...
It's been a long road, but I've finally paid off one of my mortgages TODAY.The good thing about this loan is that I took it over "Subject to" many years ago and the owner of the loan had already paid it down some(the ...
I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
Here's the story:
http://blogs.wsj.com/washwire/2010/02/08/noaa-blizzard-rearranges-climate-change-announcement/
Here's my favorite part:
More and more, Americans are witnessing the impacts of climate change in the...
Has anyone figured out a cheaper alternative to Cash for Keys. Looking for options that cost no more than $200...
I decided to get started learning about getting involved in real estate, Id start by reading the popular personal finance books. I
started with grant cardones 10X (arguably an even worse grifter than
kiyosaki tbh)...
I was recently passed down a property that has a return on equity of around 10%. The property is paid off in full. The logical thing to do should be to refinance the property and use the money for other investments.
...
I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
I currently have a traditional IRA with 150k approx. I currently have 3 rental properties cash flowing. First and second property SFH equity $90k, approx. 3rd property $160k I bought it with a home equity loan on my r...