I got an interesting question from a 25 Year Old the other day and I thought I would post the topic here to see what others thought of my advice and what I got right /wrong.My first thought after hearing the question ...
Hello everyone,
My story makes me a little sick to think back on and retell, but it’s mine and I’ll claim it if for no other reason than the satisfaction of the difference when I’m free.
I grew up in a rich home but...
I'm trying to break the paralysis of analysis. I've done one bad deal.
I see REI as the only viable way to accumulate wealth for my family's circumstances.
1. The following is in outline form so that I don’t worr...
I just closed on a duplex in April using FHA financing to do a house hack. The market rent for each of the units (both 3 bedroom + 2 full bath) is approximately $900 each. I have inherited the tenant living on the ot...
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
So I'm still doing my research on some properties in Memphis and I'm not seeing the cash flow return unless I'm missing something.Have a few homes in the $60K to $70K range. After I put in all the numbers for a home t...
Should a wholesaler be considered shady if they are buying cheap off of mls and then doing a mark up to sell to another investor? What is reputable course of action for a wholesaler to earn and maintain trust of inves...
Good evening bigger pockets members. I just sold the first rental property that I ever bought. I saw several forum posts about buying your first rental property, but I did not see any about selling your first rental p...
I am curious for those buy and hold investors.
Does anyone buy and hold for in perpetuity? Perhaps in family trusts etc..
Thanks,
Matt
We recently had a deal go south, which was disappointing enough itself, but as I’ve been reading the forums and listening to the podcasts, I feel like a big ignoramous when it comes to REI. It’s made me realize that ...