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...
What’s up all! I hope this post finds you all well and in good health! My name is Sean Michael and I’m a newbie, like really newbie. Im really interested in beginning my RE investment journey and living in CA it’s muc...
I have been procrastinating on writing my business plan. I have a "good" excuse. I wanted to make up my mind once and for all what kind of entity I wanted to go with before I committed any thing to writing. After all...
Hi BP,I'm in the process of purchasing a duplex in LA. The owner passed and left the house to her 95 year old sister, who is selling it. The front unit is empty, but the back unit has been occupied by a couple and t...
I was just updating my portfolio spreadsheet and I noticed that our equity position for our portfolio just surpassed the 4 million dollar mark (the majority of which is split between a partner and me). When I saw that...
Earlier today, on the way to work, I was listening to the BP Podcast #285 as per my usual routine (another great podcast by the way). But after hearing some of the guest's comments about building multi-family and rent...
Hi all. I live in San Diego, CA where everything is expensive. I want to start investing in real estate, so I put an offer in on a 1/1 condo that I could afford (awesome location, good size, needs some aesthetic upgra...
This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...
Since I started some more serious research ahead of my next investment I get these emails and wonder if anybody ever did these and if they are for real?https://mailchi.mp/holtonwise/hx3kuvml2d-627617?e=...https://mail...
Hi, my name is Lauren and I am new to BP. My husband and I started doing research and looking at properties in the Big Bear Lake area. We have so many questions and we want to see what you guys think:1 - Condo vs Ca...