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I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
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I've come a pretty far way in my investment journey, having acquired 400+ units in the last two years. When I was first delving into this business, I was afraid that I knew nothing, and that I would lose money. And ...
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I have a goal to pay off a large loan in 10 years. Let’s say I have 10K available to put towards extra principal every month. Would I end up paying the loan off faster if I did one lump sum payment of 120K per year, o...
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I am REALLY confused about what to do. My wife and I have grown our flipping business over the past couple of years to doing 10 flips currently.I was just getting ready to quit my job that pays $150,000/year to focus ...
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This is in follow up to a recent post by Engelo Rumora "The Top 3 People Most Likely to Rip You Off in Real Estate Investing"Probably one of the more misunderstood words in construction is "general contractor". Based ...
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I am quitting my job in 18 months.
To cover a comfortable lifestyle I need an additional 30k in yearly rental income. I have a good amount of money saved up to buy homes with cash and then refi them but very littl...
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Please forgive the lengthiness of this post.My situation isn’t unique, but there are one or two factors that make this situation, in my eyes, impossible. My father passed three years ago. My husband and I decided to m...
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It's my honest opinion that "Bob" Kiyosaki is nothing but a clown in the financial porn circus. Perhaps, I gave the climactic ending of my message ahead of time. Perhaps.After many references in the podcasts, I decide...