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I once heard a defintion of "Financial Freedom" that changed my life. The definition went like this;
"FINANCIAL FREEDOM happens when your wants and your needs are exceeded by your passive income."
Once I heard that...
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Im curious as to which strategy everyone is after these days. I realize this is a very location sensitive post so if you could provide your primary investing area it would be extremely helpful. I feel most newbies (su...
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Hi All - I've seen quite a bit of confusion on the application of the Passive Activity Loss Rules and Short Term Rentals. Beyond BP, there is a lot of confusion in the accounting community as well but the same rules...
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Thought this was interesting to see in "Institutional Investor" Magazine. The banks and big asset managers are creating new private placement (Hedge) funds to enter the Foreclosure market. They want to acquire and r...
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Hey everyone! I'm closing on my first property next week (finally!) and I've been advised by some friends to go the LLC route. It's a triplex, and I do plan on purchasing more in the near future. I guess my question i...
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I have a deal where the numbers are good (11-12% cash on cash) but it is in a rough neighborhood of Philly. I am confident in my screening abilities, but still concerned about the tenants and neighborhoods of this are...
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Hello wise syndication veterans, I need your help as I evaluate my 1st syndication, $100k investment.**The Deal: 244units, Houston**What do you think of these fees, fair or a little over-the-top?- Acquisition Fee - 1%...
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I am dealing with former low-income tenants who have a free lawyer. He was able to get the eviction dismissed because the pay or quit notices were sent to the tenants in one envelope, rather than separate envelopes ad...
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If a Borrowers Promissory Note is used to fund their loan, then who would the creditor be?
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I'm a 21 year old guy who lives in a gated community in a suburb somewhere in approximately 40 km west of Jakarta, Indonesia. The gated community which consisted of around 300 houses has security guards as well as...