So I found that it is going to be advantageous to me to purchase one of my new properties in cash, I am going to take a mortgage out in a few weeks later after some updates are completed to leverage the banks and keep...

BP,I'll give the story so far on this deal so that you know where we are and can give better advice.Here is the rental advertisement.  Let me know if you see anything that I'm missing.Termite HouseWe purchased a small...

I'm fairly well-versed in the areas of asset protection, having been a client of many attorneys and accountants over the years and have my own way of doing business using various entities, but still need assistance an...

Hey BP,I want out of my full time job at IBM. I'm sick of it. I know, I know. Working a job (even if you don't "like" it) is a part of "growing up". Working this job is one of the most unfulfilling things I've ever do...

I have always been a contrarian (not a speller)but the danger is to take a position too early.

While my Texas friends are raking in the money in their market they are taking that market out of my reach

Just as in...

The property management company I work with in Michigan wants to charge me $250 for a renewal of a lease. I have two other PMs in another State and they don't even charge me for this. Is this common? It's just resigni...

Is there demand for loan origination for seller financed transactions across the country? We defiantly have the demand here. The benefits out weigh the expense and headache for us to become licenced and complian...

After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...

I usually carry a Leatherman Juice in my bag and up until recently a Victorinox One-Handed Forester in my jean pocket. Well, I was stupid enough to take the knife to the airport and had to ditch it, so I got a Victori...

I've put a plan down on paper to help me escape the rat race.  I've thought about this for over 10 years, finally took some action 2 years ago and bought my first rental.  3 rentals into it and I feel like I have a go...