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Ouch! Opendoor to Settle Claims of Deception for $62 million
2 August 2022 | 4 replies
“Opendoor promised to revolutionize the real estate market but built its business using old-fashioned deception about how much consumers could earn from selling their homes on the platform,” said Samuel Levine, director of the FTC’s Bureau of Consumer Protection.
Serge DuLaudAllemans
Everyone is saying its a bad time to get into real estate?
10 August 2022 | 55 replies
It has cost millions of Americans the opportunity to EVER own a home over the last few years.
Mauricio Mastropiero
I'm in Mexico, Should I get deeper into BiggerPockets?
22 August 2022 | 1 reply
I'm in Arizona and I know a lot of Americans here own property in Mexico.
Joshua Aycock
Article: A thought experiment - Real Estate vs S&P500
11 September 2022 | 23 replies
Essentially what you do is valued against what else you could have done instead.By having to ‘invest’ an extra $275/month in the ‘non-cashflowing-equity-impact’ house, I can’t allocate that ‘investment’ elsewhere…like the S&P500.This is what my $275/month investment would look like in the S&P500 over 30 years (the length of my mortgage) at a long-term annual Rate of Return of 8%.Calculator & visualization courtesy of KJE Computer Solutions via American FundsMy $99k investment over 30 years turns into $389,843.
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Eight million (8,000,000) Americans are behind on rent payments
25 June 2022 | 2 replies
What to do, what to do?"The survey found that 3.5 million households were somewhat likely to leave their rented spaces (homes/apartments) within the next two months because of an eviction. Most of these folks are of t...
Jasmine Pickney
Private Lender Loan wants PmI paid upfront!
19 September 2022 | 38 replies
I just had another one send me info, american lending.
Roger Mills
Avoiding fraud from internet private lenders
27 October 2023 | 27 replies
They reach out to you on social media All of these things 95% of the time or more your dealing with a fake lender in what we call pump and dump due diligence scammers.for more detailed info on these scams google Ingrid Robinson Remington financial and American Greed episode on American Greed these guys were the kings of pump and dump.
Daisja Vance
How should I view debt?
10 May 2023 | 56 replies
In modern banking western American system, the goverment is giving you a loan for 30 years with the same Fixed Rate, sometimes lower than inflation.
Dillan Mamou
10K EMD for a foreclosure home?
22 November 2022 | 8 replies
Choose your own title company- First American or Old Republic.
Scott Mac
Facebook lays off 11,000 people
19 November 2022 | 22 replies
When Americans get start getting squeezed, first credit card debt balloons then they have to starting cutting somewhere.