Alan Lafontaine
What to do with 401k
Hi BP Universe! I'm in my mid-50's and just starting out. I have a small 401k of around $20k. At this point in my life, I see little opportunity for big growth in that plan. My question is, would it be wise to close...
Richard Warren
Fed Cuts Rate to 0-.25%
The rate cut was no surprise. However, instead of cutting to a specific rate they have established a range of 0% to 0.25% for the Fed Funds rate. The Fed is running out of ammunition.
http://finance.yahoo.com/news/F...
Louis Zameryka
Respect the Covid Premium Price?
In my area due to demand of people relocating out of NYC at least part time, homes in rural mountain areas are listing for about 30% over the market rate used in their last appraisal. Then getting multiple offers. Sho...
Yuriy Skripnichenko
Governor's New Order aka no evictions till July 10th
Hi all, Sorry for the bad news. Just yesterday I thought that evictions filing of non-covered properties by the Cares Act should be resumed when the courts reopen June 1st. I guess I was wrong... See the governor's or...
Melissa Marques
Plz help- need creative funding to buyback my grandmothers reverse mortgage.
As the title implies, my grandmother recently passed away and had a reverse mortgage on the home with a debt of $400,000 house is worth at least $800,000.Main issue is I am self-employed, and my income is really low, ...
Corey Dutton
Average Down Payment in U.K. is 17% versus 2.9% in the U.S.
Why are homebuyers in the U.K. obliged to put down more on a home purchase than in the U.S.? Because in Europe, home ownership is still considered a privilege and not a right. The government-backed, FHA loans offered ...
Jian G.
buying land for multifamily development?
We have a lot of posts on BRRRR properties but not a whole lot on buying land to build multi families . The purpose of this post is to discuss, share experiences, ideas to explore on the subject further hoping we can ...
Jason H.
Bad time to buy rental in Denver?
I currently own one rental property in Denver and have been working to purchase the next one in a month or two. It is obvious that the housing prices are through the roof! Anything and everything I have ever learned...
Logan M.
Four ways I have lost money investing in mobile home parks
I want to focus this post on issues that have cost me money that were avoidable.#1 Fires, I have lost three homes to fires. Two were caused by humans. I should have insured the homes, sold them, or done something to m...
Account Closed
Cares Act withdraw 100K
Does it make sense to withdraw the max of 100k to invest in a rental property vs a flip?