Giselle Black
Should I wait for 'the crash' before I buy my first property?
I want to buy my first rental property but I'm wondering if I should wait until the crash that is supposedly coming. I'm worried that if I buy now, my property will end up being worth half of what I paid after a few y...
Bill Gulley
TEA PARTY COMPROMISE?
Just heard some "official" of the Tea Party bunch saying that they were responsible for the cleaning of the house and that the Republicans will need go along with them!
She was saying there would be no compromise to ...
Jenna Estefan
First Duplex Purchase with only $3,000 out of Pocket!
We just received loan approval on our first investment property! We still have to sign and record the transaction, but we should be closed by the middle of next week. It is a duplex that we will live in half and rent ...
Casey Mack
Republicans think they won?
I love how all it takes is two governor races to make Republicans think they have a fighting chance. Keep the hope alive!
Josue Velney
General contractors want to much money prior to starting job.
I recently purchased a 1402 Sq ft condo in Charlestown MA. I knew the condo association was reviewing bids for an upcoming exterior paint job and repairing rotted wood. After closing on the condoI asked if they could...
Brandon G.
The Big Short: What they left out
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
Karen Margrave
How do YOU define Commercial Real Estate?
What is your definition of Commercial Real Estate? I know many on BP consider Multi Family to be commercial R.E. Others believe that it's any real estate used for "business" purposes, still others consider any propert...
Amy L.
Is the Auto Bailout Needed?
I'm a free-market person, but if the autos go under, we'll have millions of more people without work. Do you guys think we need a bailout or maybe some of you have some other ideas?
Account Closed
Where is best area of country to buy income properties?
Hello, I live in NY but open to any area of the country. What is the best area to invest 100k in capital in income producing properties? I know this is a open ended question, but where do you see the best returns?
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Alex Silang
How do RE empires typically collapse?
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.