The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
Hey, bigger pockets family. I'm really struggling and getting burnt out with trying to own 3 rental properties on my own with no experience and trying to manage and learn every aspect myself. How can I reduce this str...
Good evening BP,I work full time as a teacher, part time as a behavioral therapist and I am a church musician. I’m trying to 10X my income to buy more properties. Furthermore, I’m married with 5 children under 5 years...
We had someone come to Birmingham from Miami over the weekend to check on five houses that he bought for ‘clients’. Here’s a snapshot of the situation: He’s owned these properties somewhere around a yearHe’s never se...
As the rental market stays hot the rates are increasing quite a bit year after year. I don't see how that continue. When that slows or retreats does anyone have an experience, anecdotal or otherwise, as to how that...
What is a good cap rate on a 20 unit apartment complex close to 2 universities in a highly desirable and rentable area in Nashville, TN? Is 6% low, 8% average and 10% high? Forgive my ignorance but what is that base...
Hi y’all, I am looking for anyone’s advice or input on being real estate in Tulum. More specifically, I’ve been looking at 3 bedroom townhouses versus villas (word used loosely) in small developments. I have been look...
Hi BPI had a post which I initially intended to describe now I did a 1031 Exchange to trade my first home (condo) into a $1M 3 story commercial flexspace (currently 6 units)as I began to write this, it should have bee...
So there ought to be a forum section for mistakes. A place where we can post our defeats, where we can process what went wrong and share with others so they can avoid the pain. Since that doesn't exist. I'll post here...
I am fairly certain I am asking a legal question- and ironically I am a lawyer (not in this area though!)... just wondering if someone can point me in the right direction or perhaps encountered this.Just found one of ...