I’m interested real estate investing (buying my first house this year) and would like to learn more. Does anyone have book recommendations? I can’t decide between flipping or rental income properties but also need to just learn about the whole home buying process.

likehelpful
Posting as :
works at
You are currently posting as works at

I have 6 rental properties over 15 years. Bought them all by myself without a realtor. They don’t generate enough money for me to retire any time soon. I have 15 to 20 % equity in them. It is not rocket science - and you don’t need to pay a guru to teach you anything. Please dm if you have questions.

likehelpful

I’ve used turbo tenant to rent all of them.

helpful

Bigger Pockets is a great place to start learning about real estate investing. They also have a podcast where you can learn different real estate investing strategies. But regardless there are a lot of resources on YouTube.

like

MeetKevin on youtube if your interested in Real Estate

like

Eh Graham Stephan isn’t good. He just makes income with YouTube but is pretty clueless how to run real estate or anything else as a business. He is one of those that was at right place and right time.

Meet Kevin is a smart guy.

like

There’s also a real estate bowl here on fishbowl.

like

https://joinfishbowl.com/bowl_ms6rz

Flipping is not the easy money you think it is. If you’ve not done any renovating before, you need to make sure you can get hooked up with reputable tradespeople and contractors or you’ll get taken to the cleaners. You have to really understand the market you’re working in and eliminate all emotion as you make choices about design, materials, etc.

like

I completely agree. But managing rental properties can be high risk and is a long term game.

like

I bought my first rental 2 months ago! The BiggerPockets book has been very helpful

Bigger pockets

Related Posts

Is 80k cash + 20k company share a good deal for a junior dev role in the bay area?🙏

like

Have an acquaintance who is a single mom; she purchased a used car 3 mos ago. Six wks later her 17yo wrecked it, air bags deployed, and estimates have ranged between $10-$18k in needed repairs while $21k is still owed. Acquaintance was switching insurance policies and flubbed the coverage dates and there were a few days where the vehicle was uninsured. No GAP insurance. I'm not seeing many options for her besides to continue pmts, fixing just enough to drive or voluntary repo. Thoughts?

like

How much did y’all paychecks went up by from the tax law?

like

SO and I are debating contributing to 401k this year since the rate of return is around -11% on our portfolios this year. I believe it would be better off saving the cash in my account.

I'm thinking of contributing again when/if the market picks up next year. Thoughts?

funnylike

Genuinely curious: How do you justify working in PR knowing that you won’t make $100k+ for 15-20 years? I’m 3 years into my career and I have regrets about choosing this field when I look at my financial timeline.

like

Anyone have a good tax person in Philly

like

I have mostly passive investments. I was thinking the other day: what if everyone had only passive investments? Wouldn’t this create incredibly high amount of systemic risk? Are we all sheep??

Guys need your suggestion here.

Please help me with my decision.

I am 32 divorced and I have decided to not marry again also i don't have any other other responsibilities /loans etc.

Currently earning 18 lpa and I am planning to buy a car which is worth 16 lakhs. Should I go ahead or should l lower my budget as per my current salary package

like

4 years into RE. Happy with the results so far! Thinking I should take on more debt with current IR, but the market is too competitive

Post Photo
likeuplifting

Home reno financing question. Have a big project coming up in the $120-150k range. Funding sources are:
- 90k from a heloc around prime
- 10k from a credit card that offers promo checks at 2-3% for 12-18 months
- 375k in a brokerage
- 5-6k per month cash that I can put towards the project, loans, or brokerage

I don't want to stop funding the brokerage because my FIRE plan is less numbers based than "hoard like dragon until it's enough" but maybe I should... How would you optimize?

like

I'd like to buy, but the market is absolutely atrocious currently

like

Any recommendations for buying agents in Massachusetts?

like

How long did it take after getting your license to actually start making money?

like

Any book recommendations on how to tame/work with being an overachievers? I'm assuming a lot of us have a hard time switching off the problem-solving voice in our head (I know I do!) and wonder if there anything good to read about this.

like

Any Deloitte people trade on robin hood?

like

Are my crypto profits taxed?

Well yes. Crypto is taxed like stocks & other types of property. When you sell for a profit, you are required to pay tax on the gains. It’s called capital gains tax.

like

How much are people paying for renters insurance in Bay Area, specifically East Bay?

Drop your insurance company names, if comfortable.

like

Joining D soon as manager. Can we use Interactivebroker for stock trading?

like

Any book recommendations on change management?

like

People believe Bitcoin is in dip and it’s a loss it’s so funny there’s a difference between an investor and you are investing I’ll just keep making more

Post Photo
like

More Posts

Hi, Apisero has offered 11LPA; can anybody tell me what my in-hand salary would be on a monthly basis?

What makes you want to learn yet another programming framework / library / language besides the stack at work?

like

Hi,

I have cleared all rounds in KPMG GS for Assistant Manager position and due for HR discussion, how much should I ask for ?

Current CTC : 21LPA

Other offer CTC: 26LPA

YOE : 11 year

like

What about using 3 one-word sentences as a slogan? I feel like it’s super played out, but I get suggestions for it all the time. Can’t we do better than mashing together words from the crestive brief?

like

Wake up group…

Post Photo
funny

May I know why are we not allowed to eat in shuttle? I was stopped by security guard cz I was eating ... I was hungry,packed up my food,running out of coding work . .. Strange !!

like

I gained weight during my last relationship (probably around 30 lbs, and I’m 5’9”). Before my relationship, I felt like I could get any guy. But I’ve been single for 2 years now and it’s been so hard to date. I’m not sure if maybe I’ve lost confidence, but I legitimately don’t know how to get a guy to be interested. Any pointers?

likehelpful

Why is the ad community in London so cliquey?

like

Sooo

Recently started a new job and got completely fleeced by internal politics and am not gelling with leadership.

I had another offer from a cool firm - what’s the best way to ask if they would consider me again?

like

Has anybody used EF - Ultimate Break to travel? I am planning on going to Costa Rica and wondering if it is a great way to travel as a solo female traveler. Any tips would help :)

likehelpful

Hi guys.

Any one waiting for UK visa stamping for ICT ? Just want to know how long it takes to get it stamped with the current war situations.

Thanks for any inputs.

like

Are we on recession? My portfolio is super down - low cost ETF investor here

like

How do one get a referral for a position in FAANG within data science? Sweden, Europe.

like

Hello all,

Can we switch internally within Accenture India?
Currently I'm working with Accenture operations and I wish to move to Accenture Strategy and Consulting. Please let me know the procedure if anyone is aware of it.

Thanks!

like

Desi 🐟 fam - What apps are you using to make payments in India using US credit card?!
I use Wise for money transfers and other payments using debit card but i want to pay with my credit card and wondering if there's an option for that

like

My career goal isn’t to make it to MBB or a unicorn or FAANG. It’s to feel fulfilled and challenged as I progress. I can’t be the only one that isn’t title or company chasing.

like

Made an "insensitive comment" at the office today. Said, James Bond can't be a woman if James Bond is a guy. Psyching myself for the upcoming HR classes.

funnylikeupliftingsmart

It's Christmas, and if you can't tell the truth at Christmas when can you?

Post Photo
likefunny

My team and I are looking at upgrading our invoicing system for catering gigs as our catering popularity is growing in our area.
Looking for BEO/invoicing/contract software that’s easy to use, saves menus, and not too terribly expensive. Recommendations?

like

Additional Posts in Consulting

Joined Deloitte GPS in March, had problems getting staffed due to not being US Citizen. Did a short stint on a state and local project. Now PMD is helping push for my transfer to commercial which...

like

Can any Delta 🐠 DM some spare drink vouchers for my birthday flight tomorrow :’)

I am always looking forward to the weekend. Just want work days to pass without anyone saying I suck at work. I feel guilty. How do I change this? How do I look forward to spending time at work?

like

Gmail’s suggested responses makes me a nicer person..

likefunnysmart

Anyone else’s laptop log in not working?! Tried to call NSC but that’s failing too......

like

Best business-oriented, but novel-style books with good writing, style, & interesting characters? Not really self-help/advise focused, more of actual literature with business themes/plots. Any recs?

like

Does flu shot work? Have never had one. Consider getting it now I travel so frequently.

likesmart

Which Big 4 pays the highest salary Risk Advisory? What is the order 1-4?

like

What are your book recommendations?

like

Bain & Company Can someone recommend a good starting point on how to go around solving case interviews? What frameworks should I follow? I am kinda new to case interview and want to develop skills to solve them. Any books, online sources would be really appreciable. Deloitte EY-Parthenon Strategy& McKinsey & Company Boston Consulting Group Bain & Company

like

What are the BCG ring fences and how is each one? Can you join any of them or are you required to do the one closest to your home office

like

i'm in Privacy at Deloitte, what other consulting firms have a comparable/ better privacy practice?

like

I just connected some dots and got a colleague off the bench and on some billable work. What a great feeling! 🤓

like

Any book recommendations for learning about investing smart in your 20s?

like

Anyone ever have success with requesting AA to transfer a spouse’s separate reservation to your reservation so SO can reap elite status benefit (ie, early boarding/seat selection)?

like

Anything good I can spend Delta Skymiles besides airfare? (I’m not really planning on flying anywhere soon).

like

What are your expenses/time horror stories? Has anyone gotten fired in relation to expenses? Compensation withheld?

Who’s doing not good, good, better and best re. Advanced Analytics?
- MBB
- Tier 2
- Boutiques
- Tech firms
- Startups
- ...

What are your thoughts?

like

Any Delta status promotions going on right now? Just lost my Delta status and will be traveling more on Delta. Would love to quickly get back that sweet sweet status.

like

Have a bunch of emirates skyward miles that I won't be using anytime soon. Can I transfer it/use it someplace else?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal