I found this UBS article while doing some research last night. Some folks on BP may benefit from it:What Is "Wealthy"?After reading this and several related articles the consensus seems to be around $5M to be conside...
I am a weekend rehabber in south chicagoland and have completed six houses and would like to scale up to full time but don't know how to get around the fact that paying for your own private insurance is really expens...
Do you test for radon when doing an inspection on a house? Why or why not?
I'm in Iowa which has high radon levels. The required paperwork they give you on radon when you buy a house here says that 50%-70% of...
I have tenants that I think are hoarders. When they are driving and see garbage sitting outside for collection in front of someone else's house, they bring it back. I have told them before they need to keep bette...
Hi BP! I live in and love Anchorage, AK. We've had a technical recession here - and now our budget with a new governor is up in the air... people are wanting greater stability than we've had for the past 3-4 years. I ...
How much of your rental property cashflow should you live off of? For example, if I cashflow around $30k/month, how much of that should I ACTUALLY be spending on my lifestyle? What percentage should go towards my pers...
Hello my partner and I are looking at a SFR condo that is priced in he $35-$40k range. We love the numbers as the rents are $1100 per month with a long term tenant. However, we realize that this price range isn't some...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $85,000
Cash invested: $120,000
Bought this house from our advertising campaign to flip. During the renovation, we ...
I have been interested in purchasing a certain duplex in my area and even made an offer on it. My lender had mentioned that I might be able to get a 5% down conventional loan. Upon underwriting it turned out that I ma...
I've sadly come to the conclusion that our country is done, over, kaput! I finally came to this conclusion over the weekend as we were circulating petitions to put a Constitutional Amendment on the November ballot in...