I just watched this insightful video from Ken McElroy. He does a really nice job of benchmarking the economic impacts of this pandemic compared to past recessions/depressions. https://youtu.be/N-SG-n-C5IEDoes anyone t...

It seems that the idea of a self directed IRA is a buzz word in the BP community.  If you use a self directed IRA, would you be willing to share what advantages made you choose that investment vehicle?  I understand t...

Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...

Hello, I've been getting calls regularly from start-up companies offering what they call "guaranteed security deposit fee".  I'm old school and just getting the hang of online rent payment software (awesome juice -btw...

I have been searching certain areas in Florida (Panhandle Beaches; Disney area; Clearwater to Sarasota Beaches) to buy something as a STR. Looking at average STR gross revenue and the related costs, particularly the m...

Why I'm Triggered
Every week I read stories on social media about someone’s unfortunate situation driven by the increasing cost of housing and wages that have not kept up….and I’m sick of it.
Part of me wants to mes...

During this whole Covid19 epidemic my 401k investment firm is offering that they will waive the early 15% penalty to pull out up to 100k with no payback. I know there will be taxes due in doing so but I have never see...

Dear BiggerPockets Community,
I am new to BiggerPockets here but would like to ask for some needed advice. Our daughter was recently laid off and is struggling to find work. However, she has savings that she's kept o...

I feel like turnkey would be the easiest to quickly get cashflow and expand the portfolio. But I fear that it wouldn't be fast enough. Multifamily would allow you to invest more at once, but they are flying off the sh...

I am coming up 20 years in the Army. Preparing to retire. Have paid down all debt except 3 mortgages and one vehicle. The plan was to retire debt free with exception of the vehicle. With the current COVID pandemic, T...