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AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
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Team-We've had a really smooth 5 years of renting until now. My head is still spinning a little over the text we received from our tenant that just moved out. They have been good renters over the year, so I'm really s...
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Tim asked in another thread that I start a new thread on this topic, and while I don't see much value in discussion religion on an Internet forum, I'll at least continue this discussion from the other thread with a re...
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I'm at a point I'm sure many other new investors in BP are at where significant time self educating has been spent, but are struggling with the lack of experience or network to make some of the strategies and guidelin...
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12 Solid Rules of Real Estate Investing
1. Real estate is a long term investment
2. Cash flow, cash flow, cash flow
3. Do not let your emotions get in the way
...
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We're newbies...go easy! :D
We're about to buy our first investment property, a duplex with excellent income. It has been on the market for 200+ days.
We're making an offer soon. Is there a rule-of-thumb for t...
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I live in the bay area and am looking to invest for cash flow. California isn't a great place to do that right now. I hear that the mid west tends to be the best place for cash flow. I was wondering what cities are p...
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Hey everyone,
I’m really happy I found the BP community and have now listened to most of the podcasts and attended my first REIA meeting this week. I’m hoping to ride that wave and really get going on investing.
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http://www.deseretnews.com/article/705340463/Stimulus-jobs-overstated-by-thousands.html?pg=2
This shouldn't come as a surprise, but new facts show more misrepresentations from the current administration. This is hard...
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To those who have read my other post regarding this gentleman, here is a bit more elaboration. To preface this synopsis, though, let's be clear that many many mistakes were made on all our (investors') end, so for ...