Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
‘Unhinged’ And ‘Abnormal’: Fed Warns Of Housing Bubble As Average Cost Of New Homes Hits Record High
https://www.dailywire.com/news...
The continued rising costs in the housing market have caused the Federal Reserve...
I ran into this video which mirrors a lot of my thoughts about what's about to happen. IMO I think it will take a little longer then he predicts, but otherwise this seems spot on. Thoughts?https://youtu.be/ZFXObY99bXg...
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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California recently signed a mandate requiring most new homes in the state to include solar panels after 2020. California is the first state to do so, but it likely won't be the last, with New Jersey and Minnesota pur...
Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
Hello BP!When first starting out using a Buy and Hold strategy and with limited capital, do you think it's better to purchase a bunch of lower priced properties in lower quality / depressed areas or spend a little bit...
BP,Kinda freaking out a little, just made my first offer on a property from 700 miles away in a town I've never been to, on a quadplex I have no intention of ever seeing in person. To clarify this would be my first in...
Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...
Given the uptick in the real estate market and strong demand for rentals, the concern I currently have is... are we making purchase decision based on the current strong rental demand, and eventually the tide will s...