How To Get Rich:
(and it’s no secret)
(1) Be Efficient with Your Time & Money
“In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words: industry and fr...
Hey everyone- do I saw a post earlier this week asking about any negative aspects to getting one’s RE license. One that stood out was the liability component. For example, being a licensed RE broker, you have to alway...
My husband and I have been landlords for nearly 10 years and are considering renting our SFH in NJ. There's a family that is interested but they don't have a social security number, only an individual taxpayer identif...
Hi, can someone explain this to me? Basically give me an example of say a $100,000 home and how this is wise to use that rents for $1200-1400. Verse other loans. Or why one would choose DSCR loan / interest only pa...
I decided to do some driving around to find properties that look distressed; typical driving for dollars stuff, and I now I sit at the computer and struggle to write a letter to the owners to see if they want to sell....
I'm curious to see what other property managers are seeing in their markets. What is your revenue per unit? Any context on the type of market would be helpful too.For example, in one area I have a 3-Family priced at...
Goooood morning guys! I just wanted to give another bit of value that I have learned over the past couple years of networking! Just like the title says, it only takes 1 sentence from a conversation with 1 person t...
I'm 20 years old with no debt. I own my car, have an associate's degree, and rent. I have my emergency fund, I've maxed out my Roth IRA for this year. I'm just not sure what to do now. How do I grow my wealth? Should ...
Let’s make a list of rule of thumb calculation post. Also, Correct me if I’m wrong. 70% rule: ARVx70%-Repair cost= Purchase Price1% rule: 1% of Purchase = monthly rent est. 50% rule: 50% of rent goes toward expenses. ...