Hi BP,It's been a while since I posted, hope everyone is managing well despite the bad macro economic conditionWanted to get your insight on your investing strategy in this recession, are you buying or holding cash to...
Have been looking at a few properties but haven't been able to make the leap yet. Hard to part with money in the bank and get into another mortgage.
That said, our position is good. Plenty of cash - I have around...
Why invest in real estate?After all, there are lots of things to invest in -- stocks, bonds, precious metals, collectibles. What makes real estate so attractive to you? Is it because it's tangible -- you can ride by...
If you are choosing based on cash flow and on two different scenarios, which route would you prefer.Scenario 1- Which path would you choose if each space is operational and upside is in the management inefficiencies.S...
We have a purchase contract for a lot in Austin that we're planning to build a duplex on. We recently received a title commitment and Schedule B shows an exception for some restrictive covenants from 1948. These wer...
Most states have a 6% income tax, so if someone is earning $100,000 per year, that's $500 per month. If you're a real estate investor in Texas with multiple properties, there is a higher property tax. Is it worth it? ...
hey everyone,I just had a general question that I've often thought a lot about and thought I'd pose it to the BP community.Before deciding to get into real estate, I had always considered the real benefit of owning an...
I was recently having a conversation with a friend and we were talking about rental properties. Friend is an accountant with some rentals of his own, and his brother has various rentals throughout the country. He as...
Hi all,
I am new to this forum and really enjoying it so far.
Seems like there is a plethora of information here as well as some very knowledgeable people. I am really interested in the Real estate game, and am just l...
So, I went to a Lifestyles Unlimited 2 hour intro this morning in Dallas, and I want to know of any experiences anyone in the BPverse has had with this organization. I enjoyed the emphasis on cash flow (I'm a cash flo...