![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/182651/small_1621431567-avatar-jjdenver.jpg?twic=v1/output=image&v=2)
Hi,I came into contact with an Atlanta rehab/investor named Andy on BP in Feb or Mar of this year (2014). He had a house for sale in Altanta that needed some major rehab work (about $15k). The house was not in a great...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2335463/small_1694855546-avatar-kvs.jpg?twic=v1/output=image&v=2)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/30954/small_1621365515-avatar-tdoan89.jpg?twic=v1/output=image&v=2)
Alright so, other than my introduction, this is my first post here. I have been thinking about this idea for a while, but I need some perspective to un-noobize it.
Owning a Lambo is definitely one of my dreams in li...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/940547/small_1621505924-avatar-michaelp426.jpg?twic=v1/output=image&v=2)
Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/5028/small_1621347243-avatar-mouschi.jpg?twic=v1/output=image&v=2)
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1005355/small_1718537522-avatar-jimk86.jpg?twic=v1/output=image&v=2)
BP contributors:
I for one believe we're not going to see a real estate crash anytime soon, and I firmly believe in the power of pessimistic thinking. But I'm also not wholly ignorant of all the aspects of this busin...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1015630/small_1621507549-avatar-shanese.jpg?twic=v1/output=image&v=2)
With the stock market ending their worst quarter since 2008, there has been much talk about a recession in the near future. I understand that recessions are highly unpredictable, no matter how much research is put int...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1717988/small_1621515005-avatar-joec427.jpg?twic=v1/output=image&v=2)
I just ran into some unfortunate times in my investing career. I recently attempted a rehab and flip project and had to sell it for a loss before completion due to the two family home that I live in as well the tenant...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/528036/small_1724968487-avatar-jasonm132.jpg?twic=v1/output=image&v=2)
The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/859800/small_1621504576-avatar-jwijtenburg.jpg?twic=v1/output=image&v=2)
I think a lot of people have trouble reconciling an abundance mindset with the omnipresent, "live below your means," advice.To achieve great success, we're told that we must take risks, act as if, and spend money to m...