Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
I see plenty of threads that bash wholesalers or people wanting to get started by finding their own deals. It's quite a shame that we respond to people who are inspired by capitalism and the American dream by treating...
Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
This is probably a very basic question, but I have no shame when it comes to learning here in BP: I'm about to do a cash out refi on one property (#1) I own free and clear in order to use that cash as a down payme...
Hello! Fan of the podcast, finally signed up for the forums. Quick introduction about myself and looking for the proper forum to repost my question/situation, below. I live in the great real estate market of Connecti...
Good afternoon, I'm looking at a relocation to the Tampa area within the year. I'll bring some equity with me from selling my home in Ohio. After or during the move I am looking for my first multi-family investment pr...
I bought my 1st Investment Property back in June using $99K cash offer from a HELOC. I knew going in that it needed extensive repairs including new roof and foundation work and probably a rewire. I figured a $50k 401K...
Advice Needed
TLDR - Spend an additional $30k now to upgrade the sewer system on-site while the contractor is already mobilized or go with a sewer injection pump which is likely a viable solution the will last for ye...
Hi everyone,I am a newbie here, and I am trying to learn as much as possible right now. I have been thinking about a good strategy for me to start off since I already own a home. I would love to see what you guys thin...
I have been listening to the podcasts with regularity - they are great for a person on the go! One area that interests me is the idea of more cash flow by bringing in other sources of income.I'm wondering about the us...