Bryce Renicker
Negative Cash Flow on Low Money Down
Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
Eric Bilderback
Millennial's growing poorer
Listening to people beat up on the young folks for having their student loans paid off. Look at this people born between 81 and 96 are getting poorer while the rest of us are getting richer. What this is really sayi...
Ken Rishel
Anti Money Laundering – a Technical Explanation
From another client report (this one from 2012) - sans footnotes and references.All Americans are experiencing the expansionist wave of government control over all of our activities, and businesses are being increasin...
N/A N/A
Net Operating Expenses
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
Matt H
The value of doing your first deal....
I just sent this letter to a guy who was just starting out and wanted some advice.......
Hello,
There is one thing I'll teach you that will make you filthy rich beyond your wildest dreams. It's the thing that all RE...
Diane G.
Memphis is the new Las Vegas
These days, you can't stay on BP for more than 5 minutes without seeing a thread about investing OOS in Memphis...It is absolutely becoming the new Las Vegas, in my opinion...When the music stops, and it will and it a...
Derrick U.
Cash on cash return of 4% is ok?
I'm looking at a few properties in Phoenix. Can't seem to find anything that yields greater than 4-5 percent return. Would you be ok with that return? Assume down payment is 25%-30%.
Gregory Schwartz
College Towns: Are we approaching a buying opportunity
For those of you that buy and hold in college towns do you see this fall as...A. The same old housing market, all the students will be back. Sunshine and rainbows for everyoneB. Buying opportunity. This is the Thursda...
Tim Hoskins
Questions about renting out my current home, and getting another mortgage on a second home.
I have done a lot of research about this, and what I know isn't a lot.
I know I can't have more than one FHA loan at a time and I have to live in the FHA loaned home. I currently have an FHA loan on my home. My inter...
Andrew O'Kane
Am I wrong to assume I can save over $120k / year?
Some background info. My girlfriend and I are both 26/27. I make ~$250k / year in sales while she makes ~$100k / year as a product manager. I only see these incomes rising over time. We live in a rather expensive city...