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With Europe looking more and more like it is sliding into recession, the surging dollar and the Saudis not cutting back on their much cheaper to produce crude oil production, there is a potential for the fracking boom...
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So a couple of "non-investing" friends are telling me that I should wait to get started in my real estate investing for about 4 or 5 years, or until the banks are failing again...(sound's ominous...) If they are righ...
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NatGas is the only feasible alternative to oil, though it's not as
inexpensive as TB Pickens suggests.
He's finally driving home the REAL advantage - that it IS an alternative nd can be used to put Arabia back where...
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Hi there,i'm interested in a small and older apartment building. I've approached the owners to talk about the property, he has indicated that there is an oil tank on the property. Hopefully some people with experience...
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Hey Guys, So we are in the midst of a single family gut renovation project that we will be renting out long term. We will be paying the utilities since its for subsidized housing. We are trying to figure out wha...
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Wondering what people here would say to the following story.
We have a property, and next to it is a property that is being sold. The buyers called an inspector that found an oil tank. So the buyers told the seller t...
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Hey allEvaluating a few parks in TX right now, many of them dependent on areas that are particularly dependent on Oil. That being said they are mostly in populated areas around cities. Does anyone have thoughts about ...
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Hi BP family,I need help in figuring out a path forward. What would you do?Background:Purchased 7/26 triplex in Orange NJ for $296k with a conventional 30y mortgage in my name. 2 oil tanks were onsite before purchase....
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Hi BP fam,I’m looking at my first potential RV park deal and I would really love some feedback on how the numbers look to any more experienced investors in this space. Some details:Asking: $650k cash. Open to seller f...
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Hello! I have spent the past year reading these forums and books in prep for my first purchase, and one major take-away is to be extremely cautious on properties with underground oil tanks. The instructions on how to ...