Hey again BP fam. I just calculated that for me to be able to cover my basic needs, ill need to make 2000 a month in passive income. I want to be able to do this before I turn 30, and I am 23 right now with a full tim...
I realize this number will depend on your personal financial and life situation, but what percentage of your overall investment portfolio should be allocated to investment real estate? What is considered a conservativ...
Hey everyone,
I am going to buy my first rental property in the next few months and am looking for a CPA to advise me on REI tax issues. I want to be proactive about tax planning, so I'd like to meet with this perso...
Hi BP,I am curious to hear your opinion on this. Take a given City, no matter whether its high prices like San Francisco or lower price points like Cleveland, what is the most/least efficient segment of the market in ...
Hey can you someone help me with analyzing properties? ;) Like I understand we buy a house , then do a reno , then rent it out..
Where we are - they do not have dirt cheap houses, but what we have is houses around $...
Okay everyone I am new to RE so I have some questions! I want to hear everybody's inputs!First let me tell you that I am 18 years old, and I have my mind made up that RE is the career that I want to get into! When I e...
Florida is one of the top states getting hit hard with foreclosures. I know you should only bid on first position mortgages that are being foreclosed. How can I tell if that's the case?
Final Judgement says:
"Plai...
I'm taking out a loan against my house to take care of some issues - but when I'm done with the necessary items I will be left with something between 40-50k.My eventual desire is to have rentals but right now I want t...
Hello everyone. I am not in real estate investing yet but I am in the process of educating myself so I can be better prepared when I start. I'm in Chicago, Illinois but have not decided if I will focus in the city. ...
In the BRRRR book it is stated more than once Traditional Tom has zero equity after 15 years. I’m not arguing that Mastery Mike has a larger portfolio and potentially more equity. I’m just very unclear how Tom’s 25% d...