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So something that has been resignating with me is Jay Scott’s last interview. He mentioned his house is paid off but has taken a LOC out on it in preps for a financial downturn. Now he obviously is a master in his cra...
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This is going to be a trying time for past BRRR Investors, especially for those who have the last R-Refinance to pull equity out for either purchasing properties or for living expenses.
I've never been much of fan of...
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How long do you think the house market will crash?
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As we try to understand how deep and how long this downturn may last, what will be the most important data you will monitor? We'll be watching things like the unemployment rate, collections, vacancy rates, absorption...
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I own a 1BD/1Bth rental condo in Southern CA that I am breaking even CF on because I took cash out on a refi to buy my primary residence. I owe $159k and estimated value is $250k, so still some equity left. I’m wonder...
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Hello BP family!
While evaluating real estate investment as a strategy that will get me closer to my FIRE (Financial Independence, Retire Early) goals, I can’t help looking a little beyond the near future and what my...
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Still a newbie and try to cheery pick first rental. On this journey for almost 6 months, been through few properties and made an offer on one which didn't work out. Meanwhile, trying to learn and network as much as I ...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $350,000
Cash invested: $100,000
Sale price: $665,000
Originally purchased as an air bnb, at that time it was more vrbo. Nigh...
Hey guys, I am fairly new to BP. My business partner and I have been trying to educate ourselves and soak up all the info we can from posters to begin our business on a good note. Let me preface by saying that our s...
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Greetings BP'ers,
As I am ready to purchase my first rental property this year, I am wondering about leveraging debt to buy homes. I am a regular Dave Ramsey listener. He always talks about avoiding debt leveraging t...