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My wife and I sort of stumbled into the world of REI recently. We are both in our late 50s and are looking to get involved with investing as a means of continuing our income after we retire and building wealth. We a...
Hello,
I've spent some time reading these forums and more than once I've heard of middle or upper middle class real estate investors amassing large amounts of wealth, $5-10M net worth, over periods of 10 or...
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Hello fellow investors,In 2016 I got audited by the IRS, and it got started due to my real estate investing activities. This was a full-blown FIELD AUDIT, where they went through everything of mine. I have lots of bus...
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Hello everyone!
I’ve been learning how to analyze properties and I wanted to post on how to do a full, if basic, property analysis. My hope is both to help other investors out by distilling things I've learned while...
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Property Managers and their fees are an almost unavoidable part of building a real estate portfolio. But what if I told you that your property manager can charge you a fee that will actually make you MORE money in the...
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My uncle passed away 3 years ago. He's had the same tenants for 35 years. The rent never changed. Now, my family wants to raise the rent but can't. How do we kick them out without having to reimburse them for...
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Heres the short version for you who TLDR.I never bought a house before. Bought 2 in one day, 3 in one month. Learned all I needed to know right here on BP. Used all the calculators here on BP to figure out the deals....
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Listening to this weeks podcast the guest made a statement that he would Never hire someone unless they had a job in collage. How many of you successful folks out there had a Job in collage? (I realize some of you nev...
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What up BP?!I have been investing for about a year now and I am starting to experience some growing pains. I have been going strong with Youtube university, but I think I am ready for a little more hands on/over the s...
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I'd like some advice on the wisdom of using $100k of my 401k money to buy a retirement home in Costa Rica.The facts: I'm 57 years old and live in Hermosa Beach, where I rent an apartment. The houses here are $2 mill...