CoVid will have a huge impact on the economy. Federal rate cuts and job losses are already being felt.I expect this to have a domino effect on the real estate market within a few months. With foreclosures expected to ...
As a 40-year-old Australian investor, I've built a strong real estate portfolio focused on the local market. My strategy has always been to buy in the right market cycle, renovate for value-add, rent, and refinance to...
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
I’m a 17 year old kid just now beginning my investment journey in Real Estate, Stocks and Bonds. I’m currently undecided on whether or not to go to college. Should I get a job, join the service and use VA benefits to ...
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
Have you ever been ditched by your Property Management Company because the tenant they put in your property never paid a dime above their move in cost and you dared to question their tenant selection criteria?One meas...