We are hearing about some municipalities and counties across the country halting evictions because of the Pandemic. OK, I get that. Don't like it, but I understand. So the next question is: will mortgage lenders al...
I have been inquiring about this new method of real estate investing. Is there anyone here on BP who's familiar with doing Mortgage Assignment Contracts? If so what are the pros and cons? I want to start doing this be...
Some Perspective... 0.15%
That's the percent of American people who have Covid-19 at the time of this writing. NOT even 1% of the total population.
Suppose the disease were to quadruple before this is over, that w...
Hey everyone,I'm starting a wholesaling business In New York and just formed an LLC. I've been doing some research regarding the legality of it and I'm a bit concerned. A lot of the forums I read seem to deal with thi...
Hi All,I'm looking for my first investment property in Northern KY / Cincinnati. I've been pre-approved, but that was through my personal credit. (DM me if you have any off market deals in the ~<$150k range)If I wa...
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 ...
While re-reading one of my favorite books Rich Dad Poor Dad, I came across a powerful quote that speaks directly to pessimists and those influenced by their inactivity."WARNING: Don't listen to poor or frightened peop...
Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...
Hey guys. I apologize that I've been MIA for most of the summer. It's been a crazy summer for me. Between changing careers, completing my first flip, family issues...it's been a busy summer. Here's my situation: ...
I had a contract with the seller. Put it out there and found a willing buyer that I've never worked with. We signed an assignment contract and I gave him a copy of the contract. I always feel funny about giving a n...