James G.
Is Buying a home for idiots?
Hi BP. I’ve heard a lot of real estate investors, including Grant Cardone, say that buying a home is one of the worst financial decisions you can make. What is everyone’s thoughts in this matter?
I know that house ha...
Joe Splitrock
House Hack Bubble and Return of the Sub Prime
Yesterday was an interesting day. I was at the gym and overheard a gym member talking to the trainer. He as trying to talk the trainer into buying a house. He was explaining his own house hacking experience and how he...
Russell Brazil
Be Greedy When Others Are Fearful
Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Jason V.
The Current MF Market and Potential Repercussions of a Correction
Good Morning BP!Summary: How do smart investors hedge against market corrections in the commercial multi-family sector? And should required reserves for a property be factored in to calculations for CoC and/or IRR? Th...
Eric Hathway
Tenant late fees go to owner or manager?
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
Account Closed
Neighbor painted “my” trees, wants court
Hi BP, So it’s time to put up a fence for our soon to be completed flip. My wife wanted to start working on it, but there’s a bunch of nasty bush/ trees blockin the property line and the existing fence only runs hal...
Bryan Hancock
The Day The Dollar Died
I found this today about a proposed meltdown:
The Day The Dollar Died
I thought some of our resident Tea Partiers would enjoy it. Most entertaining!
Zachary Freeman
Cash out Refi and wait
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
Todd Powell
Portland, Oregon annouces FREE rent; no evictions due to Virus!
My properties are south of Portland, Or but today they announced that tenants cannot be evicted if they fail to pay rent in Multnomah County. Further, they are asking the Oregon Legislature to step in and mandate this...