Jamie K.
How to get over analysis paralysis on the first deal!!
Any tips on getting over the initial fear of the first deal would be much appreciated!! I currently made an offer on a single family home in joliet, IL. I've ran the numbers and it should cash flow around $250-$300 p...
Adam Klugh
18 rentals owned free and clear
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?
Michael Kotylo
MLS Pricing too high, no room for profit.
I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
Mike E.
My first Turn Key deal - its not impressive...
Ok so I am extremely embarrassed to put these numbers out to the public but hopefully someone can learn from my amateur mistakes...I bought a house in DFW area from a Turn key provider, apparently the best in the busi...
Grant Hamlin
Should I finish my college degree?
Here's my situation, My name is Grant Hamlin and I am 21 years old. Right now I am attending college in Oregon and am pursuing a Business Degree. I am 2 years in and am now applying for Oregon State Universities Busin...
Shiloh Lundahl
Rich Dad Poor Dad’s investing principles - GOOD or BAD?
Many people on BiggerPockets (at least on the podcasts) have credited their start to investing in real estate to reading Robert Kiyosaki’s book Rich Dad Poor Dad; myself included. However, there are also some investor...
Sean Lemon
Has anyone used The “flip system” by the Martels?
Looking for some first hand experience about this program. As someone who works long hours and shift work, I love the idea of someone else vetting the deals for me. The hardest part for me is finding the time to locat...
Diane G.
If you are buying when unemployment is 4%, you are buying trouble
I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
Bill F.
How to Get $10k/month Cash Flow: That's the Wrong Question
A lot of people want to use REI to escape their 9-5 and replace their W2 income so they can live the life they want. That leads to the reasonable question 'I need/want $7/10/15k/ month in free cash flow(FCF) from my R...
Rich Weese
Quit blaming Bush!!
We're in a financial meltdown,imo and we keep hearing about that rotten Bush and the spending on Iraq war.
When will current pres start taking some responsibility for his part in our mess? According to the CBO, h...