Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
Hi everyone, Thank you for taking the time to read about my situation and give me advice. My goal is to bring in 16k per month with my buy-and-hold properties. I plan on living on 25% of that and using the additional ...
Well the uber doom-and-gloomers have been decidedly reticent of late. This changed recently in the blog arena. Changes in purchasing patterns of bonds later this year seem to have everyone in a tizzy now.
I renew...
Economic Update (Monday, November 30, 2021)
The shortened Thanksgiving week was a relatively quiet period for our econo...
So I’ve run the numbers on the airdna website for a property that caught my eye… What came back blew me away. It’s a 16% cap rate, NOI of $50,000, gross income of 96k. 87 % occupancy rate, $154 a night. If this data ...
I wanted to start a thread specific to wholesalers in Southern Ca. because going though some old threads there are tons of BPers claiming they are getting started in wholesaling in the L.A. area and then they are n...
Just out of curiosity, have you ever been guilty of PWI (Posting While Intoxicated) in the BiggerPockets forums? Bonus points for PWH stories.