Steve Hodgdon
Rule #1 from Warren Buffet
Buffet says Rule #1 - Don't lose moneyRule #2 - Read rule #1Spent the day at a note investor meeting. Listened to stories of newbie investors losing money and telling me it's OK. "Learning". I had that idea too. Liste...
Jake Zimmerman
Pay off mortgage or rent
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
Hegsdery Gret
Is it useful to setup a Wyoming LLC
I have been reading what different people say about starting an LLC. SOme say do not use an LLC and only use liability and umbrella insurance. Other think setting up an LLC in the state where the real estate is . Othe...
Jonathan H.
Losing money on first deal?
Hi guys,
I dont know any full time investors in my life so I have to come here for a lot of newbie questions. Hope this is ok.
I often read about people who have or are losing money on their first investments.
I j...
Laurel Loomer
Should I sell?
I’ve had one rental for almost 2 years. It’s 2.5 hours from my home. My daughter was managing locally but she moved, now my partner and I are struggling to do it.It’s a 5 bed/3bath house that we rent by the room as me...
Andrew Taylor
How often do you actually LOSE money on a flip?
Doing a little soul searching on a long road trip this weekend, and it occurs to me that I'm afraid of failing at flipping houses. My question is, should I be afraid of actually losing money? Or should I be afraid of ...
Howie Baker
I acted as a private investor and I am not getting paid back
Greetings Pro Members,A person I have known for five years and who early on in my career acted as both a mentor and coach for me got me interested in being one of several private investors in a high end flip he and hi...
Gary Wong
Taking on new mortgage for line of credit.
My mom and I have been living in North Texas for more than 15 years now. The home I live in growing up is now worth around 180k. She still owe about 70k in it. I am thinking about helping her refinance for a couple of...
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
If you had one question for a professional Syndicator, what would it be?? Now is your shot to ask! Brian Burke has acquired over half a billion dollars’ worth of real estate over a 30-year career, including thousands ...
Chris C.
Help choosing a market
Hi. First time posting. I’m looking for some guidance whittling down a market to focus on. My goal is cash flow for retirement, 30 years from now. I am risk adverse and don’t want a lot of hassle and upkeep. My budget...