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The financial partner I'm working with may not be able to put up this much capital, but a wholesaler I've been working with sent me this deal this morning to take a look at. I've looked at the numbers thousand times a...
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Hi BP people!My name's Jonathan, and I'm a father of 3 kids (6, 4, 2) with 1 more due this October. Yes, they're cute (and of course, I'm biased :) ):I'm also a co-owner in a design/web/strategy business that's been ...
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Greetings BP Fam,I have over 250k in debt (credit cards, mortgage, school loan, car loan) and I’m only bringing in about $400/month. I haven’t had W2 income in over a year and my wife is working part time. My LLC is a...
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I'm trying to have to avoid paying a locksmith every time a tenant moves to re-key the locks. Which locks do you guys use that you can re-key easily yourself? Thanks!!
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Hello all. I have had a 4br/2.5ba house on the market since 10/09 with no offers. I originally had it offered through an agent who basically just stuck a sign in the yard and put it on the mls. I had about 15 peopl...
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Just purchased my first rental property... Just wanted to get some opinions on it. I think I'll be able to get about $700/mo no utilities included. I went with the single family unit in hopes of less hassle. It is ...
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I am a beginner looking to buy my first single family rental for cash flow, but my local area of western Oregon has higher prices and potentially lower cash flow. I am interested in out of state investing, but seems l...
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Hi everyone, so here’s the story. I played in the NFL for 8 years. While playing I always said that when I retired I wanted 10 properties and no debt. I was afraid that if I allowed debt to pile up while playing, and ...
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This might also be a bit of a personal finance question as well but wanted advice. Is there a set amount I should have in reserves to feel comfortable in case something catastrophic happens? I'm a bit paranoid so righ...
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Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...