Kevin Wiley
Will people leave the Houston area? Where will they go?
I've seen all of the photos of Houston and of course I feel very badly for the people there. I have never been in a situation as bad as that and can only imagine the emotional and financial toll its taking on them...T...
Jack B.
Stocks beat real estate over time?
I've been running the numbers and although real estate has been very attractive to me with leverage (I own 3 properties), running the numbers even with leverage real estate is not as attractive in the long run, becaus...
Jon Q.
Middle Class: Chips Are Stacked Against You
If you are middle class in America and you depend on W2 income for a living, the chips are stacked against you.1. Why are Americans who work for a living taxed more than investors who live off of their investments?2. ...
Matt H
The value of doing your first deal....
I just sent this letter to a guy who was just starting out and wanted some advice.......
Hello,
There is one thing I'll teach you that will make you filthy rich beyond your wildest dreams. It's the thing that all RE...
David Dey
How would you buy this? Best creative purchase scenario wins!!
@Terry Free has a post in another forum category that someone should come up with a real estate investing video game. While I am no computer programmer, (I'm the guy who calls support and they ask if it's plugged in....
Brook W.
Foundation Problems 101 -- Buying a Place With a Foundation Problem
I want to hear your most basic thoughts about buying properties with visible foundation problems. I understand there can be a huge spectrum of problems with consequences varying from "can't play a fair game of marb...
Rich Weese
40% loss in net worth in last 3 years
I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...
Keith Torsen
The "2 am broken toilet" excuse, upgraded
So I've been busy looking at deals, talking with people about my real estate journey so far, am 100% open about it to everyone I meet, pretty much.Today, I had a conversation with a coworker."I want that one house tha...
James Park
Investing $1,000,000 and making $100,000 passive income a year outside of real estate.
Several people asked this question of how to invest a $1million to get a safe return of 10%. Many of advice given were buy 10 SFRs for $100,000 each, 5 SFRs for $200,000 or a $1,000,000 apartment and collect $100,000 ...
Richard Warren
Are oil markets experiencing a bubble?
Here is an interesting article that compares the current climb of oil prices into the stratosphere with the recent housing bubble. The theory is that the oil market is as unsustainable as the housing market was. I hop...