Account Closed
Flipping With Hard Money.. No Way To Profit. I don't believe it.
Using hard money at 10% interest and 3 points... As I run multiple scenarios on a house with an ARV of $200k and say 40K of rehab (thats what one GC blindly told me.) I'd have to offer as little as $89000 to the sel...
Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
John Carbone
Gas prices and economy
Gas prices are really starting to accelerate with the national average at $3.40, which is historically very high. Oil is only just over $80 a barrel, and I believe $150 a barrel was the ATH several years ago. GDP only...
Jay Hinrichs
Case shiller Number 1 performing market Portland Oregon
well for all you stat's folks Portland tops the list this go around.It is very robust market here.. as we tend to get the over flow from CA. and lag behind CA about 12 to 18 months... One of my new home projects I am ...
Maxwell Silva
Broker price opinions
Hi, I’m a new agent and one of the brokers I’m interviewed with mentioned the opportunity to fill out BPO reports in order to generate a little bit of income while sales are slow. What exactly does does a BPO entail...
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, fr...
Scott Trench
What if Student Loan Debt Could Be Subject to Bankruptcy?
Hi folks - I wanted the BP community opinion on an off-topic finance related thought.It seems to me like a ton of millennials, and more of whatever the next generation is called, are graduating college with massive st...