K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Greg R.
Housing crash deniers ???
Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
Rich Weese
Housing recovery?need purchasing power.
I read an article today that makes me more nervous about a recovery.Associated Press--
Inflation adjusted wages rose till about May 2008. It hit $18.53 or $8.65 in 1982 adjusted rate. Since then, the rate accordi...
Nicholas Radon
Where do I start?
Hello people of Bigger Pockets!
My name is Nicholas Radon and I am new to the Bigger Pockets community. I just finished reading the Beginner's Guide and I am excited to learn more details about the different types o...
Cody Hilke
Minnesota Owner Occupied Duplex?
My wife and I are planning to move to Minnesota within 3 years. I have a lot of experience on CMBS and multifamily loans but not much on the ownership side apart from a duplex that I managed for my parents in college....
Alfred Bell
What do you want Mr. Notebuyer?
I'm going to sell a condo down in Palm Desert California that I fully remodeled. I want to sell it with owner financing to facilitate a fast sale (lot of inventory in the desert and market time is VERY slow). Asking p...
Ann Howell
Fraud with our Birmingham turnkey property
In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...
D'Andre Byers
Soon-to-be wife not on board
I've searched around the forums looking for someone in a similar situation but it seems like not many are where I'm at.I'm 21 years old and just recently got engaged. I don't yet have any investment properties. I know...
Account Closed
How Investing in the Stock Market Saps Your Wealth
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
Tony Legendre
How much are you keeping in reserves?
I am sure that there is a spectrum of risk that we could all chart ourselves on and therefore I am not looking for right or wrong answers to this but am curious: How much are you keeping in reserves for each of you...