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Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
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The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
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I'm 43 and wanted to invest in real estate. I am trying to learn but for whatever reason it feels over my head. What resources exist for absolute beginners? I tried going to a local meetup and felt really out of place...
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Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
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How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...
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I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
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If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
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Hi BP,It's been a while since I posted, hope everyone is managing well despite the bad macro economic conditionWanted to get your insight on your investing strategy in this recession, are you buying or holding cash to...
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Bear with me. These things are always a bit complicated. Our rental is a triplex in California. We had a new tenant move into the middle unit about a month ago. Tenants on either side have lived there for 7+ years. Te...
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Hi EveryoneI ran across an article from Grant Cardone, Mr. 10X. I think you should all read it. Let's be prepared this time for the downturn.https://www.entrepreneur.com/article/273598Do you think we are in a recess...