Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Thor Sveinbjoernsson
You have 6 months to liquidate your assets
I’ve been doing a lot of research lately and I wanted to share with you guys what I have found about the correlation between unemployment, delinquencies and housing prices. During the 2008 housing crisis the housing ...
Michael P. Lindekugel
A recession is coming and maybe as early as summer
Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
Osazee Edebiri
California Vs Out of State (really, but why?)
I think the constant discussion of California vs anywhere else is intriguing. So I pose a question. Hypothetical, if a person had a 2 million dollars to invest, they purchased property with 1 million in California an...
Ericka G.
Use Leverage or Stick with Cash?
If you have cash, should you use it or is it better to use leverage if you can? So far, I've almost exclusively used cash to build our small portfolio. My goal for the year was to fully replace my current after tax ...
JR C.
Hereos Act will hurt landlords in a bad way
Forgive me if this has been posted before. A search didn't find anything. As you probably know, the Democrats in the House passed the Hereos Act, A part of this bill calls for a Federal Ban on evictions of any residen...
Brady Mullen
The Cost of Waiting - A Different Way to Look at It
You've probably heard the "would you rather" scenario about being offered $1M or a penny that doubles every day for a month, right?
Well, consider this little twist…
So, in case you haven't heard, a penny that doubl...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Rick H.
DUE-ON-SALE-O-METER
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...