For those who want to get into real estate but have little or no money this post is for you.Essentially if you want to get into this business but don’t have money to invest you need to provide a service to make money ...
I currently drive a beat-up old minivan with 240K miles on it. Yeah, I sacrificed myself to jump-start my rental business. I plan on buying the Tesla Cybertruck as my main vehicle. Recently, a thought came to me. ...
There is an economic term called diminishing marginal rate of return. Meaning for every one more unit sold the benefit becomes less and less. With the rise in college tuition costs and the strong emergence of availabi...
We've all new to this game at some point. What was the biggest mistake you made when getting started? Did you discriminate against someone?Did you find your lease in the bottom of a Cracker Jack box?Did you let emotio...
Appetizer (skip to the Meat and Potatoes, if you want to get to the point)I’m requesting specific knowledge on the red tagging process, permits, and inspectors to try to save what was supposed to be a new family busin...
I wrote an article for the BP Blog asking a question about real estate appraisers and what role they are playing in holding down real estate values: http://www.biggerpockets.com/renewsblog/2012/07/18/are-appraisers-pa...
Article:https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000?mod=e2fb&fbclid=IwAR2XL4axyaQpo43fAkn_Q_fWBU3GiHJ9_K6t5c8G6rMnPCfed1KBBXIVhToResponse:Let me set the scene to save yo...
I have a question for my fellow STR specialists. First thought a story! :-)I recently traveled to Omaha NE and found out the Airbnb I was staying at was clearing $50K/ year!!! (It was a SFH with 4beds and 2 baths). I ...
Hi guys, I wanted to get some outside opinions on something I’ve been thinking a lot about over the past year or so. I have a goal of reaching financial independence by 30. I am 25 years old, married, have a mortga...
My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...