Justin Sheley
Fund & Grow Financing
After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....
Brandon Turner
Is it unethical to say "I Buy Houses" if You are a wholesaler?
Just wondering what people think about this. I mean, technically, a wholesaler is not buying houses, they are making a contract and selling that contract. What do you think?
Account Closed
Does your 401k send you checks every month? – My properties do...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
I came across a new idea in the real estate space that’s worth discussing. It’s not about buying whole properties or even shares in a REIT, but instead purchasing rights to the income a property generates.
Here’s how...
Ericka G.
Use Leverage or Stick with Cash?
If you have cash, should you use it or is it better to use leverage if you can? So far, I've almost exclusively used cash to build our small portfolio. My goal for the year was to fully replace my current after tax ...
Dennis Cosgrave
How Will California's Proposed Wealth Tax Affect You?
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
Paul Choate
Bought a Trailer Park at auction- feeling a little nervous....
I had been powering through bp podcasts and feeling my oats, so yesterday I went to an auction of a small trailer park just to see what it would go for. (I had previously seen it with the broker but they were asking t...
Michael Ealy
41-Units No Money Down Deal $627K Profit in 15 Months - How?
Yesterday, we closed on this 41-unit apartment deal and netted $627,643.32 in profit (just from the sale). We actually made MORE than that because we've made good cashflow from the apartment building during the time w...
Landen Ward
Critique my Lease Option example?
Here is what I think I know a Lease Option is so far; looking for advice on what I have wrong, if not the entire thing:
Say a man is selling a $165,000 home for the mortgage balance of $150,000 to avoid foreclosure. ...
Mark A.
Who is ACTUALLY cash flowing with these interest rates???
With interest rates at or near 7%, who is purchasing property right now (or in recent times at these rates) and actually predicted to cash flow after expenses (mortgage, taxes, repairs, maintenance, insurance, etc.)? ...