Background
I'm a new real estate investor in Miami Beach trying to buy my first property, preferably locally*. I could spend at least $500,000 in cash on a property myself, $1-20 million if I go into it with a family...

Off market dealPurchase price 110k20% down1150 in rentMarket value as is 135k$400 cash flow19% cash on cash returnNow I don't have a huge savings in my Roth IRA, but I have enough to fund the rest of the down payment ...

Economic Update
(Monday, March 22, 2012)
The TV commercial used to say “When E.F. Hutton speaks everyone listens.” Well, E.F. Hutton is no more. Now we have the Federal Reserve. And when the Fed speaks, truly EVE...

Two questions for anyone willing to help a newbie.1) what is the point of a roth or traditional IRA if you can only add 5000 to it each year. I am 30 so that means I have 29.5 years I can add to it. If my math is corr...

Shoot holes in buying MH's using Lonnies system?

Ive read the book, I know there is no "get rich quick" schemes, thats not what I am looking for. It seems pretty basic as to how to do the deals.

In my opinion the o...

I live in the bay area and am looking to invest for cash flow. California isn't a great place to do that right now.  I hear that the mid west tends to be the best place for cash flow. I was wondering what cities are p...

I hired a contractor to instal 1100 sf of tile because the Store where I brought the tile suggested him to do the job. After he started the work I noticed that he would leave my job for hours than come back and t...

Given the uptick in the real estate market and strong demand for rentals, the concern I currently have is... are we making purchase decision based on the current strong rental demand, and eventually the tide will s...

Hey BP,I am really curious to hear what others have done on the side to earn money for the down payment on houses. I am looking more and more into side hustles that I can do to create a nice sum of cash to put into an...

I am reading the book now and it is lots of fun. I have no experience in mobile homes whatsoever and really wonder:
- Are there still Lonnie deals out there?
- when he talks about buying single wides for $2,000-3,000 ...