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A current thread talks about those underwater on mortgages or negative net worth. I decided to ask a simple question. I believe more than 2/3 of PUBLIC has current negative net worth. Lots of reasons: underwater on ho...
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Hello all, This is kind of a personal rant/ reflection so by no means do I expect many to read this. I'm at a crossroads in my life. I am frustrated with my job, and cannot take it anymore. It is at the point where I ...
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This occupied my mind all day yesterday:
Probably every major city has some kind of free weekly magazines, full of ads, masked as a TV program, and targeted at the African American community, often lower income range....
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What's up BP fam!I am looking to move and buy my first house-hack soon in Columbus, OH (and rent out a room or two). When going through some numbers on many properties, I always have a high negative CoC return and neg...
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Hi everyone! I’m being sued by a tenant that left the property several months ago. Tenant claims he got hurt on the property. My main question is, should I get a lawyer myself or should I contact my insurance and have...
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Hey, my name is Kenny. I am currently 16, in high school, and i have been avid on business and investing for about a year now. I have read dozens of books on the subject and have been hanging around BP forums for a...
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Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
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I have had a few ideas about starting my investing journey but just nervous to commit to a path. I am currently in the Columbia South Carolina area.Initially I have started wholesaling to raise capital to use as a dow...
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I am working with a great architect on my first new development project (who I found on Bigger Pockets). We met with the city twice for 'preliminary plan check' and are now going through the formal plan check process....
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Hi All,My Wife and I recently acquired our 1st rental property and inherited long term tenants along with the existing lease. Now the lease is set to expire soon and we'd like to increase the rent and incorporate a co...