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I keep hearing about how the rich file bankruptcy not because they are in trouble but as a strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney...
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Hello fellow flippers. I'm doing my research and I'm wondering what's the best way to see more of your profit, the right way of course. I hear 1031 exchanges are the way to go but it doesn't eliminate capital gain tax...
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This is always a looming question prior to any elections. What will happen in real estate? Will prices continue to slowly rise as they are doing now? Or will prices stagnate or go down?
Please share your opinion on t...
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Any advice out there on the best way to pull away from the full time job and make landlording the main gig. special formulas , cash flow, separate income accounts. My biggest concern is that once I leave my full tim...
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I am developing my business plan for buying and holding. I was talking out some ideas with another investor, and she said you should never pay off your properties, and never pay all cash.
It seems to me that if you d...
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Hi BP Peeps,So I have run into a good problem. Long story short, my portfolio's equity has grown to the point where the return on equity is so low that it has forced me to consider selling my 14 unit apartment buildin...
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Hi bp, my whole strategy for my real estate investment portfolio was to gobble up as many homes as i could in the next 2 years. These homes would be free and clear ( i already have 8 free and clear now) and producing...
Goal: To achieve complete financial freedom by Age 33 & per the 10x rule will own 10 million dollars in property by age 33 and have 10 million in property paid off by age 43. At 33 i want to donate 10% of my cash ...
Hello! My name is Alexandra Hagerman. I’m living in Farmington Hills, MI and I’m 25 years old. I’m completely new to the world of REI. I’ve always been interested in real estate but never took the plunge as to actuall...
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I have a classic dilemma: rent or sell?Grade: a solid B. House needs some work, but will fetch a good price on the MLS.Good neighborhood, not huge upward potential, but in a state (and area) that is currently seeing e...