Rich Weese
perfect storm update and concerns
Update of concerns on perfect storm I see forming.
There are more and more "voters" requiring entitlements. Here are a couple today.
1. Tens of thousands nearly riot for the opportunity to get an application to be on...
Greg Scott
Are STR's headed for trouble?
Victor Minasce has some compelling data suggested there may be trouble ahead for Short Term Rentals.
https://podcasts.apple.com/us/...
Account Closed
Appreciation vs. cash flow
Has anyone been successful buying a hip condo right downtown in an up and coming city at the price point of around $150-200k even though it is cash flow negative? Specifically, I am asking people who purchased for th...
Account Closed
Which indicator is better? Cash-on-Cash or IRR?
The formula for cash-on-cash is cash flow divided by total cash invested (aka down payment). To my knowledge, it's primarily a single-annual indicator meaning the cash flow is annualized and only for one year, whereas...
Tammy Skeath
About to pull all contingencies, hesitant bc of covid-19
Hello BP fam, we are supposed to pull our contingencies tonight/tomorrow for a quad in Long Beach CA. Given the state of the country under Coronavirus, I am really nervous about what the economy is going to do. This q...
Burt L.
New Title Co. Rules on Assignments and Double Closings.
I spoke with the owner of one of the few local title companies that do investor deals, and he informed me of new requirements for doing assignments or double closings.
To do an assignment I one must return to the se...
Alvin Uy
Earth Quake Insurance —- To get or not to get???
Those of you who invest in California or Pacific Coast that own property, what are your thoughts on Earthquake insurance? Do you have them for your properties? Is it worth it? If not, what will you do in an ...
Bryan Hancock
New Taxes for 2011 – How Much is Accurate?
Someone sent me this email so I wanted to post it less as much of the political spin as I could subtract as possible to get a sense for how much of it is accurate. Here are taxes that will be coming for 2011 accordin...
Kenneth LaVoie
talking myself out of deals / 50% rule
Hi.
I need some help in my clarity. I have been educating myself for about a year and investing for about 6 months. I have been analyzing some deals and have already walked away from ONE 11 unit apartment building th...
Diane Bartley
Newbie from Northern VA, looking to invest in Louisville, KY
Hello BP community!
Who I am (& Why I am already a Big BP Fan)
I am Diane Bartley: work in IT by day, chase an almost 3 year old child during the evenings, and during the later evenings have started...