Good afternoon.I wanted to share my current financial situation, and see if some of my conclusions make sense to those who might have walked in my shoes. I currently own a home that I have little equity in, bought in ...
Hi all,I'm curious to your thoughts on the following topic:With regard to small multi-family properties (2-6 units) do you always buy in urban centres or have you branched into any rural markets.I ask because all of m...
Hi BP Community,I am 24 years old with a job that pays me $80k-90k, I have saved 65k and counting with all debt paid. I do work long hours during the week (10-12 hour days). My goal is to be financially free as many o...
Quick overview of my situation. I’m 19 years old, I have about $8,000 - $9,000 that’s accessible from savings that I earned from previous jobs and investments. Parents want me out of the house. I have no current job. ...
What are some ways you can structure a partnership with contractors to ensure some "skin in the game" with buy and sell properties?
My potential team are two guys who currently work for a remodeling and electrical c...
Hello everyone,Haven't posted much in a while, but was thinking about the ups and downs I've personally experienced in REI and how I stayed motivated when financial freedom seemed so far away in the beginning.I rememb...
Hello Everyone,After doing some research, I've learned that an individual is allowed to take out a maximum of $10,000 from your Self Directed IRA to purchase your first home without any penalties. Of course this would...
Hi Everyone,I am curious for those of us who have assistants...have you ever explored a per transaction payment system? My thoughts are this would be a way to scale up efficiency for an assistant rather than have them...
Hi everyone! I just signed a lease back in May, 2021 which unfortunately does not align with my real estate investing strategy, house hacking. I hadn't done enough research to settle on a strategy before signing the l...
I don't think there's any other business that requires as much patience the real estate.Real estate will test you. It will test how bad you really want this.On the management side things will break, tenants will lose ...