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I have talked about markets correcting for quite some time (actually began posting more in anticipation of a my fears of us spiraling into a depression like crisis). Here and here are two of the previous forum posts w...
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I just read a WSJ report citing Bankrate a banking analyst, that 3 out of 5 Americans do not have the reserves to withstand the most mundane unexpected expenditure, "The survey found that an unexpected bill would redu...
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Hello BP community! Just wanted to get some thoughts from others that may be having the same issues. My Yucca Valley STR has been pretty booked since last September when we first listed. We have gained super host sta...
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I've got a contract on 2 houses to wholesale and have been advertising heavily for a buyer for a couple weeks (classified ads, bandit signs, craigslist, other online sites), but haven't gotten any calls. I've got comp...
I know people frequently structure deals with disproportionate distributions to the sponsor to reward them for their performance. Every waterfall model I've ever done has used IRR targets as hurdle rates. This is grea...
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I noticed some BiggerPockets members asking about the rising cost in lumber and plywood, and given my background, I figured I wood (haha) weigh in on this subject. I currently work for a lumber company and I primarily...
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Curious to hear what this community thinks about the proposed legislation to get rid of all income taxes and instead implement a sales/consumption tax? It is very unlikely this passes, but could it actually work?https...
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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...
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Hello Everyone,I am currently in the Denver Metro area and have one property that I am renting out and a primary residence. I just read David Greene's book Long-Distance Real Estate Investing. The book is great and I ...
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What are some things to look for when purchasing a home that has been unoccupied for several years (4)? Considering the utilities will not be on, how do you know the pipes are ok, fixtures, electric/ heat works whe...