Rich Weese
obama says we're doing great! Why don't I feel all warm and fuzzy then?
Obama sounded almost giddy on how well the country is doing. The stated unemployment rate only ROSE to 9.9%. HOORAY! (however, when you include EVERYTHING in that category, it is 17.4%, almpost a record high)He says t...
Alex Corvin
Minimal/no cashflow, but good potential for appreciation
Hello BP community. I'm considering buying a property to hold and rent out, and would like some more input on whether it's a good buy.The property is in the Raleigh, NC market, specifically in the downtown Cary area (...
Brandon G.
The Big Short: What they left out
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
Kelley Roberts
To Master Lease Option or not to Master Lease Option
I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...
John Underwood
Should rent be canceled because of the coronavirus?
Good article.Talks about Pros and Cons and discussed the Landlord side of this too.Should rent be canceled because of the coronavirus?https://news.yahoo.com/should-rent-be-canceled-because-of-the-coronavirus-204910688...
Cecil Russell
An existing franchise business with excellent equity built in.
I am inquiring about an existing business (Cold Stone Creameries franchise). Records indicates an average annual income of $169,000. The owner is asking $49,000-according to the information sheet on the property. This...
Ralph S.
Sometimes, You Feel Like a Jerk
I rarely start a thread, but today I had an experience that I just have to share.
A year ago, I thought I'd hit the jackpot. A single mom with two teenagers (15 &16) moved into one of my rentals. She had two ot...
Chinmay J.
What fun thing would you do with $25,000 - $30,000
Post by Austin Fruechting motivated this post.. If you were financially free, and just wanted to splurge money on some new hobby or a toy or activity, what is the fun thing you would do? I will go first.. I am a huge...
Greg Szymbor
Favorite real estate motivational quotes!
What are your favorite real estate motivational quotes? Here are a few of mine;---Don’t wait to buy real estateBuy real estate and wait---YesterdayNowTomorrow---Don’t be busyBe Productive---Please share yours!
Sinil Kim
Want to increase rent after closing, What can I do?
Hi Guy I have a question. I need your opinion. I just signed on legal 2 family house in New Jersey 2 bed 2 bath.Listing price was $380k but I signed on $315k.I need to keep the 2 tenants till closing date. That's a p...