![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/230008/small_1621434792-avatar-minimogul.jpg?twic=v1/output=image&v=2)
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/576597/small_1621492967-avatar-martyg4.jpg?twic=v1/output=image&v=2)
Hi BP community!I have a few properties that I have had managed by a PM company. I used to self manage and when I changed jobs, that required a lot of overseas travel and I didn't feel comfortable having family deal ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9/small_1621345214-avatar-biggerpo.jpg?twic=v1/output=image&v=2)
There are a lot of discussions on the site about starting out, but I find that those discussions where people share the challenges they went through on difficult deals are the best to learn from.
So . . .
What Was Y...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1293500/small_1621511063-avatar-rogerm84.jpg?twic=v1/output=image&v=2)
I have been communicating with a "private Lender" who is willing to lend me funds for a particular project. Having never met him, I'm looking for advise as to how to check him out for legitimacy. He sent me a copy o...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/144025/small_1621419201-avatar-tomthebomb.jpg?twic=v1/output=image&v=2)
THANK YOU to everyone here who puts in their time and energy to educate those who need it most.
(That's me!!)
Hi, I'm Tom, and I'm very grateful to have found BiggerPockets because I can see the incredible effort th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/151314/small_1694562589-avatar-wealthbuilderky.jpg?twic=v1/output=image&v=2)
Sorry for such a long post, but I'm semi-obsessed with this potential deal. I've been wanting to buy one of these brand new, all-brick duplexes for some time now. I tried to further break it down. All advice and...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/33153/small_1621366411-avatar-coasthomebuyers.jpg?twic=v1/output=image&v=2)
I just finished Money: Master the Game by Tony Robbins. Great book! One part that really hit me in the book was the long-term opportunity cost of "little" splurges like regularly hitting Starbucks or eating out. Relat...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/57139/small_1660933775-avatar-1marcus.jpg?twic=v1/output=image&v=2)
Since yesterday a company called Nvidia is valued higher than Apple. Yes, you have read that correctly. 3 Trillion $ market cap. Nvidia is now the second biggest company in the US. Ask 10 random people today about Nvi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/38478/small_1621389960-avatar-mcs5309.jpg?twic=v1/output=image&v=2)
I am surprised no one else posted on this today! This is some scary stuff.
It seems that non-disclosure to the respective lenders in short sales flips has already gotten the feds involved - and some investors will be...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4738/small_1621347135-avatar-barnardinc.jpg?twic=v1/output=image&v=2)
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...