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I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
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First of all, I'm not a rookie, but I behaved like one, and I write this post as more of a cautionary tale rather than an attempt to seek advice. I know I should have done more due diligence, and I know what my optio...
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Hello BP, my wife and I recently bought our first rental (a Duplex in Sacramento) We inherited tenants on both sides. They have both been long term renters at this property, and after inspections they both seem to tak...
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I am in the process of looking for potential/motivated sellers in order to do some wholesale deals (enough to get me the money to do my own rehab/flip). As I've been researching, I see a lot that Wholesalers turn out ...
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If you had a million dollars and it was the only million you had sitting in a money market account drawing less than 1% per year how would you invest it?
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Hi EveryoneI ran across an article from Grant Cardone, Mr. 10X. I think you should all read it. Let's be prepared this time for the downturn.https://www.entrepreneur.com/article/273598Do you think we are in a recess...
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I'm curious where Bigger Pockets buy and hold investors are finding cashflow these days.
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For all of the newbies out there, I was wondering what excuses you have for not investing. I think it might be helpful to share with everyone here!
For the veterans, I'd love to hear some of the excuses you used b...
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Hi everyone! I am a new investor in the Hampton Roads Va area. In January I rehabbed my first property. The job was supposed to take 6 weeks it ended up taking 11 weeks. The intial budget was 73K including the price...
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I'm beginning the process of evaluating different locations to start my portfolio in Northern Virginia, so I thought it would be a good idea to defer to the knowledge of the BP members who invest in this area.
I'm cu...