I have 18 rental properties Free and Clear bringing in 18K a month and worth around $1.6 million. I happily manage them myself but I want to retire in 7 years at the ripe old age of 55. How do I do this?
Hello BP community. I am new to wholesaling homes in the Maryland area so at the moment I am trying to make sure I have all the proper information in order to complete a deal successfully. If I put a house under contr...
I am embarrassed to confess this, but I guess transparency would be the key to my future success toward anything that may resemble a retirement plan. I will be 49 years old this year and I would suppose that it would ...
This might warrant some raised eyebrows but I always asked myself the same question: If real estate is a great way to become wealthy, why isn't everyone doing it?Now I'm not saying investing in real estate is easy, be...
I think most people that have given it much thought and aren't agents/brokers themselves realize that the real estate industry is in serious need of reform. Should someone without a college degree be making more mone...
Hi! I would appreciate suggestions about forming LLCs. I plan on doing most buy and hold investing. I will buy single family homes and rent them out.Should I form one big LLC for everything? Or should I form one LLC p...
Recently, I purchased a duplex in Warwick, Rhode Island for well well below fair market value. The property has all of the heavy lifting done, windows, mechanicals, roof, electrical, etc. The interiors are sound, bu...
Hey, BiggerPockets! Finding your why is very important to pushing through difficult and challenging times. Massive influencers like Tony Robbins, Napoleon Hill, Dean Grazio, Jordan Belfort and many speakers on the Big...
I have a question for all of you BPersI am an active buy and hold investor and some months I ask myself why am I doing this again?I believe I do this because I do not have a clearly defined WHY to look to during those...
I have been reading a lot of books on rental property investments and have heard varying opinions on what qualifies as a "good" rental property investment based on monthly cash flow. I've read anywhere from $80 to $60...