I don't want to debate if the 50% rule in this thread. I want to talk about the assumptions and categories to see how a landlord can be a lowest cost producer/efficient entrepreneurs.
I know it varies from state t...
I have a property in Illinois under contract with some good meat on the bones, and only a couple of cash buyers (or so they say). So far, they are dodgy. I read that the hardest part of wholesaling is getting the cont...
An upcoming episode of The BiggerPockets Podcast will feature BOTH @Amanda Han and @Brandon Hall answering YOUR questions about taxes - the new tax laws and how they affect regular people AND real estate investors.Wha...
Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
Investment Info:
Duplex buy-and-hold investment.
Purchase price: $130,000Cash invested: $0
Acquired from a motivated investor moving out of state in late 2022, this duplex was turnkey upon closing. The previous own...
So today while flipping channels, I came across a infomercial for Than Merrill. I guess he is in Chicago, so I watched it for a few minutes. He talked a lot about some "secrets" to RE success.
I have never ta...
I have invested in his course and not yet attended the seminar. During the period since buying I have been sending in deals that would meet the criteria and gotten some less than motivating responses.
So if you have e...
It would be interesting to hear stories of what some of you did BEFORE discovering real estate;
Is your life dramatically different NOW? Will you or did you make it your goal to be a full-time investor? Does anyone re...
My wife and I have finally made the decision to leave Southern California and seek greener pastures. We are in our early 40s and don't have a retirement plan or much saved, and we've come to the realization that the ...
BP brothers and sisters, I quit the last job I will ever have today to focus on RE investing. In 2003, while working in corporate America someone suggested Rich Dad Poor Dad to me. Eleven years and 28 properties lat...