I am curious what mistakes everyone else made when analyzing their first properties?
Hi guys, I'm an out of state investor and have one property in Detroit. Currently have a tenant that use to be section 8 as of 3 months ago so there aren't any rents coming in. Anyways for whatever reason I haven't be...
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...
I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...
My wife's employer offers what seems a good retirement plant. If she contributes to her 401k/Roth IRA 3% of her basic salary, the employer will contribute the same 3%, plus an additional 1% of her basic pay. For examp...
I just heard on the news that real estate prices are dropping like crazy in Puerto Rico due to the state of the local economy. Wondering if that's a good opportunity to start investing there. Anyone on BP currently in...
I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.
Has anyone used Whole Life Insurance as a bank...
Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market. Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...
It is possible after all! After months and months of learning, I decided to dive in to the world of flipping. After a month of searching and offering on properties, I found the winner. I bought it off of the MLS (10 o...
Hi guys, I posted that hosts should focus on one platform to boost ranking instead of spreading out multiple platforms and I think I owe more explanation since all the seasoned hosts do not agree with me. Please under...