I recently read Rich Dad Poor Dad and decided I wanted to pursue financial freedom via REI. I am a 24 year old who graduated college with about $30,000 in student loan and pay-day loan debt and will be acquiring abou...
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I live in a state with high real estate prices where the cash on cash return isn't any good, it's more of an appreciation game here. My goal is to make 100k a year "passively" (or at least achieve financial independen...
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Hello BP Fam,I found a 4plex in Texas, at a decent price, but the rents aren’t at market. I highly doubt anyone would want to pay an extra $500 a month in rent, so I’m thinking I’d have to evict everyone. Is this a ba...
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I’m trying to set some financial goals for myself and I keep hearing how I should be specific so that I know exactly what I’m working towards. With that, I want to make sure I’m understanding some of the calculations ...
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What's the latest analysis with regard to Dodd-Frank 2014 which comes into effect January 10th as far as how it relates to real estate investors doing options, lease purchases, seller financing, etc.?
Hi everyone!! I need ideas on how to invest my $70k cash. A little about me, my husband and I are both AD military and stationed in Norfolk. We have 2 short term rentals, 2 long term rentals and also house hacking.My ...
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I'm tired of the midwest (Chicago suburbs). My wife and I have lived here our entire lives. We do not have kids yet or any other main reasons to keep us here. So, we are deciding to sell our house, leave my job, an...
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Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
Hello everyone!I just made my account and am excited to become more involved on the forum. I've been listening to the podcasts for a couple weeks now and it is definitely making my commutes more enjoyable while teachi...
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I'm a noobie.
Here's my story. I posted this yesterday as advice to the question "What age did you start your real estate investment career" … Am I too old?
"Like you, I'll be 59 in a couple of months. I own a house...