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What should I do - buy my next primary residence and rent out my townhouse for a year at about a $500-$700/month loss (based on comps) or sell the townhouse when I buy the next primary residence and buy a cashflowing ...
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Hello, I have an investment property in Philly; it's a BRRRR. It's been renovated and will be rented out November 1, but I'd rather do the cash out refi sooner rather than later. Any lenders do 80% cash out refi with ...
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If you didn't catch the "Seeing Greene" episode recently, an excellent question was presented that I thought would be worth discussing. Every area you invest in has risks of natural disasters of all kinds, but these d...
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Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
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Hi BP, this is my first post.
I am not a smart man, and I'm looking for some advice to help direct my thoughts and research toward my 2nd investment property.
From a high level, what would you do if you were in my...
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Economic Update(Monday, February 22, 2021)
The minutes from the Federal Open Market Committee’s Jan. 26-27 meeting, released last week (after their customary three-week delay), show that members of the Committee ...
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Not really a DIY task, but not sure where to post so I stuck it here. moderators please move it to appropriate forum if there is one more appropriate.We have a property that is on a heavily wooded 2 acre lot with a se...
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Just wanted to get a sense of what people are seeing in Bay area and what they think will happen after a few month. Also wanted to see if I am being too negative on bay area and forecasting a 10-15% price drop.
The ...