If you are middle class in America and you depend on W2 income for a living, the chips are stacked against you.1. Why are Americans who work for a living taxed more than investors who live off of their investments?2. ...
Newbie here. I listen to the BP podcast almost every day, and I notice that Rich Dad Poor Dad is suggested by a large number of guests in the Famous Four, or at least referred to frequently.I've read the book and I th...
Hello all,Right now, I currently have all real estate assets and no money in stocks. I met with a financial advisor yesterday, who is a trusted friend-of-a-friend, and suggests I put a chunk of money into tax savings ...
Renting to friends ? Yes or no ?
Hello to everyone on BP. Have lurked around watching youtube videos, but finally decided to make an account. Please excuse me with the personal issues. Have been very stressed out right now thinking about just paying ...
I closed on May 26th sight unseen (covid viewing limitations) and after inspection of the property I determined that I would need to fix up several parts of the home to make it rentable. Currently, there is no heat or...
I am still trying to figure out the cash flow issue. For an investor that doesn't care about cash income from a property, and if total return is good, why does it make such a difference.
For Example: A $100,000 pro...
Hello everyone- Please keep in mind- that this post is of my opinion only, based on my knowledge of the US economy and real estate markets. Now, this discussion about a bubble and a crash in the real estate market has...
I currently have 4 mortgages in my name. 3 investment properties and 1 personal residence. I'm wanting to buy a lot more real estate (buy and hold). I know I'm going to be capped on personal mortgages in my name af...
I've been lurking for about a year, reading blogs, forums, listening to podcasts anytime I'm on the road. I've learned a TON! Thanks BiggerPockets!So as we all know, the best lessons come from experience, and the inte...