Joe Cassandra
Oil just closed at NEGATIVE $37 (bankruptcies ahead)
If you follow the financial market...Oil just closed at NEGATIVE $37. Meaning, oil producers are paying to have their oil taken off their hands. (just 7 years ago, oil cost over $100 per barrel)There are many people t...
Gareth Tomlinson
looking to learn, willing to work
Hi BP community!I have been looking to break into RE and have spent the past couple of months studying, networking, touring properties, meeting with investors, realtors etc.Like many others, the current pandemic has e...
Erica Chung
1031 Exchange "the like-kind rule"
I have a single family unit home that is going to be sold for $1.2M.I want to do a 1031 Exchange, but confused what my next property purchase needs to be. Single, multi, commerical..The new property I want to exchange...
Collin Corrington
The Brooklyn Effect!? In San Antonio?
Read this article on The Morning Brew:Rent for a one bedroom apartment in San Francisco plunged nearly 12% year-over-year in June, according to apartment rental platform Zumper. That’s a record decline for the city an...
Tim McCahill
1031 to BRRRR to pay-off
Hi everyone - My wife and I are considering doing 1031 exchanges on up to three of our properties over the next 12 months. The general idea is that we would BRRRR the replacement property (ies) and use the proceeds fr...
Marshall Stewman
Question RE: Modeling Using a Line of Credit
At risk of admitting to over thinking this scenario, I'm having a difficult time determining the best approach to completing my financial model based on using a line of credit. The LOC is partially secured by a CD at ...
Raju Balakrishnan
Investing in High-Cost vs Low-Cost Markets, Which Makes You Rich?
Just wrote this, this is especially relevant for Californians. Would like to know your opinions. https://www.biggerpockets.com/...
Steve Elling
Capital Gains and s 1031 Property Exchange
Here's one for the seasoned investors and tax experts out there. Trying to verify something:I have a rental property that is fully paid off that we are considering selling. Based on what I've gleaned online, it appear...
Angela Meraklis-Lyons
Credit Dispute- Score dropped 300 pts overnight
I've always been extremely diligent about my credit. Nearly everything is on autopay. Last year, I had my student loans deferred because I had to stop working due to disability. Technically, I did that over the phone ...
Matthew Fitzgerald
Setting up Accounting for first rental
Hey all we are closing on our first deal and I was wondering how to set up the accounting to benefit me the most.....
Some info I think may help...
We are buying out of state, so we are using a property management c...