Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
I have a couple tenants that have destroyed my units. Obviously, I need to vet them better but as of now what are my options? I have photos showing ton of trash left behind, appliances ruined totaling about $10,000 in...
Hi all - finally hit the ground running and closed on my second (first real investment property) property on Friday, and have been trying to get a tenant into one of the units (other unit is occupied) ASAP.Here is my ...
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...
A recent BP blog article by Scott Trench had the phrase “. . . guys like us here on BiggerPockets . . . “ I commented about the gendered language, because if people don’t realize they’re doing it, it can never change....
Hello Providence!So I am looking to buy my first property (ideally sooner than later) ... My timeline could be 3-6 months if I went conventional, or much sooner if I went FHA through Rhode Island Housing. I have a few...
Hello, I recently got a $500,000 (full equity) condo in California and $200,000 cash. I am 21, have a 751 credit score. No Job, but planning to get a Computer Science degree as a margin of safety & then use it to ...
5 months ago I posted about creating $7000 of additional cash flow in a 4 year period and I also mentioned wanting to hang up my high paying W2 job. Further, a month later I posted about Oregon rental laws in March du...
Is there a serious risk of hyper inflation happening with trillions of dollars of printed money being pumped into the world economy by governments around the globe? Historical evidence shows that when too much money c...
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...