What do you consider a good net profit or " home run" ? I'm thinking of selling. I know that there are many variables such as ROI, COC, time/duration, percentage, CAP Rate, etc. Looking for a number dollar figure. I w...

I just read Rich Dad Poor Dad,it was a good read and very motivational. It seems like all these books are motivational, and give you examples of deals they have found. The one thing I notice these books lack, is the...

Hi BP community,

Anytime I've googled REI topics or looked for YouTube posts the answers are almost always provided by those who are selling mentorship or coaching REI.

I'm really curious as to the motivation behin...

Hi All. So excited to be a new member in the BP community! 
My parents in-law bought their primary residence in California for ~ $350k and now it's worth over $2mm. Obviously, their capital gains are well beyond the ...

This is a revision of my popular post from 3 years ago. See, the older I get (don't ask), the more annoyed I get with the endless "I WILL SHOW YOU HOW TO CUT YOUR TAXES in DECEMBER" emails, posts, webinars, podcasts, ...

I'd like t get everyone's thoughts on handing over one’s wealth to their children and grandchildren after passing away. The practice has infuriated me for as long as I can remember—mostly because:

1) I am not o...

I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.

That much is clear:
- If you hav...

Hey everybody! I had this idea today. As I'm progressing toward my goal of building enough passive income through buying and holding small multi-family properties in the Duluth, MN area to replace my income, I came to...

I just bought a 4/1 single family house last month, rehabbed and put tenants in. The tenants looked good on paper, made 3x the rent ect so they screened well. They moved in April 23rd and I receive a text this morning...

Investment Info:

Single-family residence buy & hold investment in Durham.

Purchase price: $185,000

Cash invested: $3,000

This is a buy & hold "house hack" that I will be living in while also ...