Christopher Todd
Selling a property with a 2nd mortgage
As many people do in their younger years, we accumulated a fairly large amount of consumer debt; around $55,000 worth. However we began to make better financial decisions and in the process of such built a home that h...
Adam Craig
Best cash back credit card for big spenders
I have done some research on this topic and it appears Alliant offers the best cash back card which was something like 3% in year 1 and 2% lifetime.
I called them today and was not aware this could not be used as a b...
Jeff N.
Analyze This: Condo Hotel
I understand Condo Hotels in most cases are not looked at as an investment, but rather an income stream to offset your vacation pad expenses. But recently I have been presented the following:
Condo Hotel located in ...
William Trabold
Managing STRs in Wester NY
Hi BP, I currently have one unit on the west side of Rochester, NY - near RIT/Uor/Airport, and am running it as an Airbnb. I've been cleaning and doing laundry / linen turnover myself for the past two months and am ho...
Kim Gough
Clarifying a Dodd Frank issue
I was hoping someone could clarify a Dodd Frank issue for me. I am working with a CEO of a company who is purchasing a residential property as a company investment and corporate headquarters. The company is a well est...
Darling N.
discount points or buying points
Can someone please explain to me how buying points work? Will buying 1 point decrease my interest rate by 0.25? Because I have lenders telling me it won't, but my research contradicts that. Do different lenders apply ...
David Clarke
Has anyone had experience buying vacant property from the city?
Planning to invest in my first property this year.I’ve identified quite a few potential properties. Some of which I’ve discovered are owned by the city of Chicago. I have looked into the process and while it is time c...
Edgar Yepez
Hello BP Community :)
Hey guys, my name is Edgar Yepez and I’m from CT, and I’m glad to join this very large and smart community. I’m 18 and would love to invest in real estate but not something too time consuming since I’m in college righ...
Sanjeev Advani
Major Dining Chains Push Forward with Expansion Despite Economic Challenges
Despite a challenging economic environment marked by inflation and slowing consumer spending, major dining chains like Taco Bell, Outback Steakhouse, and Applebee’s are pushing ahead with expansion plans.
Yum Brands—...
Lloyd Segal
Economic Update (August 3-7, 2020)
Economic Update
(August 3-7, 2020)
It’s 2020; a crazy C-R-A-Z-Y year. We are in the land ...