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Ive been trying to figure out where I should keep my savings where I can maximize its growth and am really curious to hear where you think is the better place to do so. I want to keep the money as liquid as possible...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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The Orange County Register ran this article by me on 11/6/2011, and I though you-all might like it.
Debt is the worst drug in America, because it directly harms the most people.
The debt pushers have en...
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Everyone and their mom is doing Short Term Rentals. In fact, my mom (and dad) and I just went 50/50 on an Airbnb (my 4th). It seems like these days that EVERYONE I talk to is excited about Airbnb and STRs. Even people...
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This thread is a general one for Tucson investors to introduce themselves to each other and chat about our market. I know there are a lot on bigger pockets who don't post often.
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Hi BP Community,This year in June I purchased my first buy and hold property - a duplex. I know that it is important to have cash reserves set aside for unexpected issues that may arise with the property. However, sho...
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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...
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Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
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Hello everyone,I'm thinking of purchasing my first property ever (other than my primary residence), but not sure if it's a good deal. This is a 1984 duplex, 5/4, located in a class B neighborhood within walking dista...
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Afternoon BP Community. Listening to several podcasts and reading many blog articles, there is a constant debate on whether someone should contribute to a 401K or take those contributions and direct them to RE. Unless...