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Greetings all, I am in a unique situation and I am not exactly sure how to proceed with it. Here is the story. I sold a flip house approximately a little over a month ago. The house was sold FSBO with no agent on the...
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This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...
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Do most properties you buy cash flow positive? What percentage of properties that you purchase will cash flow positive when rented out? 95%, 90%, 80% or less? What is the risk of buying a property that does not cash f...
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Economic Update
(Monday, November 9, 2020)
The election is finally over. Now we can return to ...
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So... I have been following the Bitcoin-market since the bullrun when I lost a for me substantial amount of money. Since then i have also realised that cryptocurrencies and stocks can be traded with the help of techni...
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My wife and I are both self employed so on paper we don't show enough income for a loan for a property. This would be my first property. I was looking into a turnkey rental. Ideas? Keep in mind I'm new here and so ...
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Hey folks, well I think (hope) I finally found one that will work for our first deal. We are still in negotiations, and I could use any suggestions you fine folks would have. Couple top-of-mind questions I have:1. Doe...
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Hi BP community, Im living a real life real estate nightmare on my first flip. So I just recently finished my first flip with my general contractor who i know personally from him remodeling my own personal residence, ...
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Excerpt from a post I made on the stock investing forum "The Motley Fool." The audience is stock investors who are equally passionate and successful in stocks as the BP community is in REI. Many of them think going al...
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As an old pro with almost 50 years of personal experience and learned real estate investing and developing from my grandfather and father, I am of the opinion a new real estate and credit bubble is being created just ...