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...
Michael P. Lindekugel
A recession is coming and maybe as early as summer
Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
Davon Lowery
Do contractors not get it;more you charge me the less I can flip
Dude, this is a symbiotic relationahip. Trying to start my new REI project, a flip in Milwaukee. Trying to negotiate with a contractor to budge on the plumbing costs, he wants 10k to pipe a 2,200 sqft. duplex, I need ...
Robert Frazier
The morality of short term rentals
This is just a question I’ve been wondering as we deal with a huge housing crisis in our city.is it moral to convert properties to short term rentals in a city with a deep housing crisis?if a city has 500 units conver...
Thomas Jones
The New 20% Pass-Through Deduction and You
The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...
Michael DeFrancesco
Is the Denver market in a Bubble.....?
New to BP and moving to Denver and hoping to begin my journey in REI.Does anyone have an opinion on the market in and around the Denver area. My understanding of it is that home values and rent prices have skyrockete...
Robert Adams
Inventory rising in several areas of the country including Vegas
There have been a lot of reports about rising inventory across the country including Las Vegas and Henderson. Just wanted to start a discussion on the topic and get the feedback from the active community here and see ...
David Fitch
My First Turnkey - Elite Invest, Chicago
I got a lot of value from Michael L's ongoing post about his experience with Elite in Chicago, so I thought I'd replicate that for others. https://www.biggerpockets.com/forums/223/topics/16...I live in Southern Califo...
Account Closed
Vacation Rental Analysis Help
Hi everybody!My wife and I are looking to purchase a vacation home as rental property. I have seen many of you post success you have had with these types of rentals, however, I am having trouble finding property that ...
Craig Drummond
My Very First Flip Just Went Live on MLS
Hello investing friends! My very first "flip" went live on MLS today. What a great learning experience and it was definitely very different than what I've seen on HGTV. :) Nonetheless I LOVED the process.Before/after ...