I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
I had posted a few months back about a possible sale of our property and we are now looking for a tax professional as we have closed on the sale. We live in rural Montana and while there are some agents / firms in th...
What has five letters but causes so much fear that millions of wannabe investors never get started? That’s right: TAXES. But taxes don’t need to be scary -- and understanding and utilizing the tax system can actually ...
I am thinking I won't have to wait for more than 1-2 years... Your thoughts?Most of my coworkers, especially those in the early 30s, have bought and have a mortgage that is $10K in monthly PITI... Tough.....Any job lo...
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
Please tell me how would you handle this situation:
A buyer asks me to find something for them. I put an ad into local newspaper (or somewhere else, maybe direct mail). "We buy this in area x, tel 12345"
The seller ...
Do you really need a real estate partnership for your deals? What are the benefits, and do they outweigh the risks? Well, it depends. The truth is that, while great partnerships will deliver value to both sides, bad p...
It’s not uncommon for investors to start out by buying properties in their home markets. It makes things like neighborhood research, rehabs, and tenant showings so much easier when you’re only a short drive away from ...
If you want to know how to invest in real estate, you’re in the right place. Today, we’re going to break down the nine beginner steps to getting your first or next rental property so you can start building wealth, mak...