Hello BP compatriots and welcome to another edition on my real estate market analysis, coming at you from Nashville, TN. Every week I try to bring you a brief, hopefully insightful, dive into real estate and financial...
$100/door and your good! They've all said it, but what if your asset is depreciating? New industries create new questions.Car Sharing, its like Vacation Condo Rentals for your car. Because you've already hit it big in...
Here is the multifamily vacancy chart from data gathered and reported by the NAHB.
*in case chart doesn't display you can find it here...
http://www.nahb.org/generic.aspx?sectionID=238&genericContentID=14910...
Hello BP, here’s my personal situation:
Fresh out of the military
Living with significant other
A good chunk of debt
No savings
I’m reading Set For Life, and I’ve read Dave Ramsey’s Total Money Makeover. With th...
Had a discussion with someone about this cash for clunkers program. Do you realize what this program did? It took people who owned a vehicle free and clear and put them into a financed vehicle, basically tacking on ...
Hi friend. I’m sure you’ve heard many tips on how to start investing, how to grow, etc. Below is some advice that you may have not heard. In fact, it’s so unpopular and counterintuitive that a Google search for suppor...
Above are actual numbers that I tracked on Personal Capital and graphed using http://sankeymatic.com/build/.I just hit a 50% savings rate of my after tax income! A high savings rate is stressed in Scott Trench's book...
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...
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
A laser car wash popped up for sale locally and is advertising an awesome 11% cap rate. Is this typical for a car wash? Usually higher cap rate indicates a risky investment or am investment that is difficult to manage...