Fred Shandler
Understanding how to analyze a SFR vs. Duplex
I recently saw a SFR and a duplex for sale. Both had similar asking prices with similar gross rents. I was a little confused, however, when trying to analyze both deals, as the SFR seemed to be significantly better ...
Tom Goans
Rich vs Wealth
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 ...
Amber Layman
Cost segregation study for short term rental
How much is reasonable to pay for a cost segregation study? I have one, 6 bedroom short term rental, that was established in 2021, in South Bend Indiana. I’m also working on a 4 bedroom that should be up and running i...
Mike Rubin
Living in a trailer to pay off student loans
Hello All -
I am at a crossroads and wanted to get your opinions…
My situation: I graduated 3 years ago with $65,000 in student loan debt and have since narrowed that down to $35,000. I'm sick and tired...
Greg Meech
Is it all just about the money?
So let me ask your opinion. Is it all just about the money? I’m not trying to sound like Mr. Wonderful on the Shark Tank, but why do we do real estate? I like it, I’m pretty good at it, and I make money at it, but...
Larry Turowski
Why did you start a real estate business and not some other type of business?
Do you just love real estate? Or, like me, do you just like business in general? Was it the "glamour?" Or was real estate simply the vehicle to financial freedom?For those of you who have or are making this a busin...
Robert Fabian
Sticking point in our Operating Agreement
My LLC is registered with the state, the finances are set and we are looking for our first property. We must first however get our Operating Agreement set. We have actually agreed on everything thus far. There is o...
Devon White
Is college really necessary?
Is a college degree really necessary for an agent? I’m in the middle of my senior year of high school and I do not want to go to college because I feel like it’s worthless for an entrepreneur. Any advice is much appr...
Ty Schuman
Earnest Deposit Help
Hey Guys,I have ran into a bit of a situation, I am under contract for purchasing to REO Foreclosures from Fannie Mae. One home I purchased for $230,400 + Closing cost and redfin values the home at $400k and the other...
Ryan P. Kotschedoff
Will the Real Estate Agent be obsolete 20 years from now?
Hi BP, I am 16 years old and I plan to get into the real estate agent industry once I am of age to get my license. I have studied how to be a good RE agent for a little over a year now and I am about to be an intern f...