Edita D.
eathquake insurance: expensive but necessary?
19 February 2024 | 14 replies
I believe if and when the BIG one hits, the insurance companies will go bankrupt long before everything gets rebuilt, so we may be paying for coverage we may not benefit from.Looking to see what others have to say.
Mike Terry
Did I hear David Greene correctly this morning? Cash out 1.5MM retirement fund?
22 February 2024 | 43 replies
It's a good way to go bankrupt and have a really large tax bill.
Charlsi Kelley
Helping Single Moms with Home Ownership- a rent to own model?
19 February 2024 | 28 replies
Even if you could discriminate and direct single mothers into the housing you would buy I predict in short order you would be evicting them, foreclosing upon them, or going bankrupt yourself.
Justine Phillipson
Should I Keep, Flip or Sell My Property? All advice welcome!
19 February 2024 | 22 replies
That's my '25'-'28' forecast, the trending post of "OMG HELP, my cash-cow is bankrupting me with maintenance!!!!".
Joseph Fenner
What books should I read from BiggerPockets?
15 February 2024 | 9 replies
The $5M is my leverage so I can buy 4 properties per month and not go bankrupt. $1M will go to down payments and after the seasoning period is over I will do a cash out refinance and put that down payment money back into the $1M down payment fund so it will always have $1M by the end of the year. $4M will be my leverage to cover against emergency expenses including vacancy’s and will not be touched unless it’s last resort if I can’t leverage my assets.
Justin Goodin
on't have to buy a 400-unit for your first deal
9 February 2024 | 8 replies
You never hear about the failures, except maybe in the divorce decree filings because they forgot about their spouse and bankrupted their family trying to sprint before they learned to walk.
Julia Bykhovskaia
How much do you pay your handyman and how often?
9 February 2024 | 13 replies
My handyman is also one of my best friends who used to own a construction business but had some financial problems and went bankrupt.
Jay Hinrichs
Belize anyone have experince investing in this country?
7 February 2024 | 9 replies
The country is basically bankrupt.
Cassidy Klundt
Finding the Right Market
6 February 2024 | 7 replies
The rest go bankrupt, get divorced, and end up asking "would you like fries with that?"
Scott Trench
Don't Get Comfortable - Mortgage Rates Could Very Well Rise in 2024
31 January 2024 | 41 replies
It's rather we bankrupt everything if we continue this permanently.