When times were good many newbie investors would buy property from banks promising that the property would be "owner-occupied" meaning the bank would give the new owner a better interest rate since it assumed that per...

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...

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 ...

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....

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...

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...

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...

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...

Connecting the Dots
A friend of mine once told me that when you set out on a journey to accomplish something, you won’t be able to see how everything worked together until you reach your destination. You can’t connec...

Hello all,

I really need your expertise on this question. I own a duplex and live in 1/2, renting the other side out. I will be moving to Boston for a new job and at 57 years old, crunching the numbers does...