Apartment investing is a strategy used by many people to protect and build wealth. Based on my experience investing in the stock market, company sponsored 401-K, single family real estate, and other business opportuni...
So, what income qualifies you to be able to form a solo 401k? They sound so much better than a self directed IRA, that I'd like to go this route if possible. If I had a rental property outside of the retirement acco...
There’s a famous Chinese proverb that says, “Wealth never survives three generations.” America has its own version, which says, “Shirtsleeves to shirtsleeves in three generations.” But while 70% of wealthy families wi...
http://www.forbes.com/sites/timworstall/2015/08/02/uber-reduces-capital-concentration-and-increases-the-number-of-capitalists/I thought this article was an interesting one and wanted to share. Tim Worstall writes abo...
Hi all, long time listener first time poster. My parents passed away when I was young and while it was untimely, they did fairly well for themselves. I own my personal home outright and rent to cover costs. In 2019 I ...
Hello wonderful BP community, Spouse and I are looking to get started in the STR business. We are new to RE investing in general (so far our only RE holding is a passive LP interest in a RE fund). We are trying to fol...
A new kind of tenant has been on the rise in the US, according to a recent analysis by RentCafe. More than 2.6 million high earners are choosing to rent rather than buy their homes, giving rise to the "millionaire ren...
well actually $6.4 million according to this Charles Schwab wealth report on the San Francisco Bay Area. Which matches my sentiment that you need about $5 million to begin feeling like a true "millionaire", which I de...
Hi BP! I have a little bit of a choice personal problem. I grew up in a remote part of TX surrounded by acres and acres of land. It's been cut up, sold off and dispersed through the generations but our little piece is...
I’m mid-60s and was “retired” two years before I’d planned to. I am getting into real estate investing to generate income for my wife and me. I’ve bought two single family houses (Jackson, MS area) already and am reha...