A stupid question, but how many SFH rentals, do you think you would need to confidently quit your day job? I live in the Midwest, so an avg/decent income is 50k a year.
I have 2 currently, that gross cash flo...
Hello,I am looking at purchasing my first primary residence. I am faced with two options.1. Purchase a nice SFH nearby work and the kids school. Enjoy privacy, peace of mind.2. Purchase a duplex (no quads in the are...
Hi there, thanks for taking the time to read this post. I'm new to the community and would like a few seasoned vet's advice on my current situation. I'll try be as clear and open as possible. I'm married, we live in c...
Does it make sense to begin investing in real estate by going into debt when I am 5-7 years aware from retirement? I have been investigating investing in rental real estate to diversify my investments, however I am s...
Hi BP,I'm a new REI (with a focus on buy-and-hold investing) and I'm wondering if this map plan that I have for my future is tangible for: 1) quitting my job BY 30. 2) Living financially stable.My plan is to buy 1 mul...
Hello BP forum, I am an eductaed person that recently figured out I am comfortable being broke. This came after doing a lot of research and having an investor tell me that he became uncomfortable not being able to p...
I started my real estate journey 2 years ago and bought my first duplex fully rented. One unit ended up being a Section 8 tenant so I started Section 8 from my first day. This tenant has since had another child and mo...
I have been reading books/taking online courses in real estate investment and have saved up quite a bit of cash. I want to invest in my first investment property when prices are hopefully lowered due to COVID. I curre...
Everyone tells you you’ll need millions to retire, let alone retire early. You hear it all over mainstream financial media, “You need FIVE million dollars” or “Three million dollars is enough, but you have to be fruga...
Why do many wealthy people wait so long to retire? Despite earning a physician’s salary, living frugally, and saving what most would call “more than enough” money, today’s guest worked for another four years before pu...