Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
First off, Happy Friday!This question has been asked before, but let me clarify and put some parameters around it:"Where would you invest for long-term buy and hold (5-10 years) if you could go anywhere in the US, ass...
Hello BP members!I am new to REI and joined BP several months ago. We live inTurlock, CA and are looking for buy and hold multi family opportunities for cash flow. Although not opposed to SFH (just want to scale faste...
I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.
We had an offer accepted on a bank-own...
I've been asked to pay $1,365.00 for Appraisal fee, loan origination and processing fees before loan can be sent to underwriting. It's a 6 month fix and flip loan at 8.65% plus 3 points in and 2 out. It's my first dea...
So why did his administration take 12 days to take the gulf oil spill seriously and do something?
I thought Obama was suppose to be an environmentally friendly president. Can you imagine if this happened during the...
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
It started with a phone call from my rep. The owner picked up the phone in a grumpy voice. The owner said he would be open to selling his 28-unit apartment for $48k per unit. Most apartment properties in the market ar...
Newbie here trying to get as much as possible right from the beginning.I want to start networking and need to know what should i put on my business card. What words should be used that could make me stand out from oth...
The tenants ‘boyfriend’ leaves the property and oddly enough, another male shows up for a short amount of time. This happens regularly, according to the on-site care taker of the property. There’s either drug dealing,...