Recently, I purchased a duplex in Warwick, Rhode Island for well well below fair market value.  The property has all of the heavy lifting done, windows, mechanicals, roof, electrical, etc.  The interiors are sound, bu...

Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...

On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:

Original "Motivatio...

I learned about Gobundance through a couple of the podcasts on BP.  They also have a program for individuals with < 1 mil net worth called M1 or march to a million. I am considering joining at 300/ month. Here is w...

I've heard it a million times, "never rent to family." Being the naive person that I was -- possibly still is -- I didn't listen. I rented my condo out to a family member in 2013. By early 2014, I noticed their rent p...

I own a "B+"  SFR in a HCOL university town with vacancy rates under 3%.  I've owned this unit for the last 2.5 years and have had three turnovers since (first tenant broke lease after 5 months due to job loss and the...

You know most Hard Money lenders don't even know what CF is.  Or think it's a scam.  How long do you think it's going to be before CF's 9-10% wipes Hard Money's 12% out?  Or perhaps there are massive rate wars and whe...

Purchase price is $300,000. Seller is willing to finance with 30% down. Space is zoned commercial and currently set up as single office but in need of work. I'd like to put up walls and turn it into 5 single offices f...

I have been setting up my plan moving forward and I decided that in 5 years I want to be making $4,200 a month in passive income. I haven't found my first deal but it seems reasonable for me to hit this goal in five y...

Heres my situation: I'm house hacking my condo in Santa Monica, owe $346k and its worth about $460k. I have about $50k in cash outside of retirement to use toward another property. The ultimate goal is to create some ...