Chris Clothier
A Call for Leaders in our Industry to Speak Loudly!
I’ve seen a few disturbing posts recently, mostly on social media, but a few here on BP as well, where the posters are reacting almost with glee that we may finally be heading toward a dip in real estate so they can c...
Engelo Rumora
Why You Shouldn't Leverage When Investing In Turnkey Rentals
CASH IS KING!!!G'Day everyone,I'm going out on a limb here so before you condemn my thoughts at least have a read and try to understand them.Why does modern day society always want more more and more? GREED that is wh...
David J.
Thoughts as we approach the top of the market?
Few would deny that the market is cyclical. It goes up for a few years then down for a few and repeat. I want to hear from other investors your thoughts about how to handle this. We are nearing that top (especially in...
Sabrina Brown
Difficulty selling rental properties at loan amount
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Golan Corshidi
Is investing based on appreciation a recipe for disaster?
One of the most common topics discussed on bigger pockets and other real estate forums is the decision between a property that cash flows and one that has the potential to appreciate. To take this further, I recently ...
Heidi B.
Are we reliving 2006 in 2016?!
When we purchased our 3 unit bldg together (newly married) in 2006, there not yet any red flags of the pending housing crash that reared its ugly head that very same fall. Some say 2008 but this part is not impt to t...
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
I don't know who needs to read this, but I feel it needs to be posted, publicly.
Recently the following happened:
- BP Member posts negative statement about syndicator to these forums, involving lost money, poor co...
Arn Cenedella
Rich Dad says a home is a liability………
Many investors quote Rich Dad to support their contention that a HOME is not an investment.Often this is done as an argument to invest capital in their commerical real estate deal instead of buying a home. Let me also...