Account Closed
Trump/CDC Halts evictions nationwide to the end of the year
Trump and the CDC are using public health authority to halt residential evictions for nonpayment through the end of 2020:
https://www.cnbc.com/2020/09/01/trump-administration-moves-to-halt-evictions-during-coronaviru...
Michael Guzik
Those who can't succeed... teach?
Hey Guys I was on another forum and Tim Gordon posted something that really struck me. He said " At this stage of the market, those who can't succeed teach." This is something that I wholeheartedly agree with and some...
Eddie Ziv
Appreciation VS. Cash flow - The clash of the titans....
I recently (...like an hour ago :mrgreen: ) went through this thread exploring the old argument between the cash flow guys and the appreciation guys.More specifically MikeOH and Nationwidepi (Mike and will) and off co...
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...
Paula Impala
Norada Capital Management suspending payments
I invested in Norada Capital Management and was coming here to connect with others who have invested. Did not receive my payment from Norada this month (June) and just received the following notification in my email....
Ben Leybovich
Don't Buy $30,000 pigs in Ohio (or Mid-West)
It's not talking this time, though, if you've been paying attention, you know that I've been preaching this message for years... Here's an email from this morning names and locations edited out):Hey Ben - Really enjo...
Erik Browning
I'm one of the "Find a Lender" lenders, here are my thoughts
Pro's: It's great to have BP as a trustworthy partner to give clients a level of trust that they will be taken care of. BP cosigns our ability to operate and vets us both on the phone and online prior to featuring us....
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Diane G.
If you are buying when unemployment is 4%, you are buying trouble
I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...