1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Hi,I was wondering if anyone buys property in HOAs and if you do, is there a certain threshold HOA annual fee amount that is ok before it becomes something that you "notice"? For example, i have a home where the HOA a...
Hi there, one of my properties in Washington DC has a leaky garbage disposal. I told the plumber to go check it out and if he can fix it great but if he has to replace it then to just remove it all together and not re...
Just had breakfast with an old friend (high school) who has 13 houses, bare commercial land and back taxes.
He is negative cash flow but always borrowed his way out of jams with his equity.
He is foreclosure close ...
Hello all, I understand real estate cycles are market specific, but I've always been curious about the reference to California as a "boom or bust market." Is the term "boom or bust" simply reference to appreciation go...
We all are inspired differently. I'm curious why other people on BP started their financial independence journey. Personally, I sought financial freedom after reading Rich Dad Poor Dad during COVID and realizing that ...
The masks probably aren’t helping people much against the Corona Virus, but right now, in middle America, there are investors buying up all the dust masks from all the paint stores etc. There’s likely going to be an ...
As an investor, what are the most important aspects you look for in a contractor? What makes them stand out among the dozens of others doing the same trade?
When you have a contractor you use regularly, what w...
Dateline Seattle. Kshama Sawant,a Seattle City council member, is trying to make it a law that tenants can’t be evicted November through March - our winter months.Has anyone heard of anything like this anywhere else i...