To borrow or not to borrow, debt free is the way to be etc etc etc. The way I see this is a risk vs reward. How do you decide though where the risk is to great or the reward to little? How do you decide to purchase a ...
I am perpetually game planning future moves and this exercise inevitably requires taking a position on how the near future will unfold and the best way to benefit. I am interested in hearing what BP users think is abo...
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
This is the After:This is when we bought it:This is going to be an in depth write up of the work we completed on my first flip, located in a wealthy suburb of Detroit that will hopefully net us around $150k (eat that ...
In my limited experience, lenders predominately offer the same thing (though I could be wrong about that). What would you recommend looking out for (characteristics, credentials, etc. they should or shouldn't have)? I...
Arizona's Top Water Official: "We're Going To Have To Live With Less Water" "I never thought this day would come this quickly ... But I think we always knew that this day was potentially out there," he said.
Lake Po...
Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...
Mine is foreclosure filings and REO sales.Let me explain.In 2007, I was working on 20 shortsales and a business partner of mine was working on about 40 shortsale cases. None of the shortsales were accepted. This was u...
Hi BP,I have been an avid consumer of real estate books and podcasts produced by BP. Therefore, I really value the type of thinking common among our community members. This post is asking for general advice and strate...
okay, I've been positive Pete for weeks upon weeks, I'm a US Marine and aggression comes natural do this was coming eventually (hope you don't mind but we all need to vent sometimes).Why in the Hell are people so unr...