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Vice President Harris Announces Economic Agenda
Vice President Harris is expected to announce her plans at a rally on Friday. According to Forbes, it will focus on creating more affordable housing. Some of the finer points that I can see are $25,000 in down payment...
Jon Holdman
AbSheild chinese drywall remediation
In another thread where someone was looking for properties with Chinese drywall, a company called AbSheild was mentioned as having a remediation process for this drywall. I looked at this company and their claims.
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Amy Raye Rogers
The Negative Cash Flow Club!!
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Chris Hill
Faster payoff, yearly lump sum or monthly?
I have a goal to pay off a large loan in 10 years. Let’s say I have 10K available to put towards extra principal every month. Would I end up paying the loan off faster if I did one lump sum payment of 120K per year, o...
Mo Farraj
Does Number of Days on MLS affect your buying decisions?
Hello All,I am a new investor and looking in Upstate NY for my first rental. I am currently working with a broker and she said the below statement that really changed the way I view properties under my search criteria...
Nathan Gesner
Occupancy rates down in 30 of the 50 top markets. Where are you?
My 19,000th post and this is all I got. ;)https://time.com/6223185/airbn...A lot of people cashed out their equity (gained through pure luck) to purchase a short-term rental in unfamiliar markets that were over-priced...
Justin M.
2016 California - Feasible rentals at home or look out-of-state?
Hi folks - I'm new to BP and to REI in general and am looking for some advice as I get started. I purchased my SFR back in 2007 (what terrible timing!) in Los Angeles county and plan to continue living here for the ne...
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PEP fund with Lane Kawaoka
Has anyone else invested with this guy? I got roped into this PEP fund he was advertising by a friend who had invested with him before. The fund was advertised as a boring "preferred equity" fund that pays 10% a yea...
Mario F.
looming real estate downturn prevent u from buying now?
Hello, I've been on the lookout for my first rental property in the los Angeles market. I may have found one in Tarzana which I put an offer down on but after reading a book called How An Economy Grows And Why It Cras...
Marcus Auerbach
What they don't tell you about cheap rental properties
It all sounds so perfect: you can buy a house for cheap, have someone else fix it up for you and then rent it out for great cash flow. You run the numbers (on a BP calculator, they are really good BTW), you read the f...