People are saying that declining home, stock, 401(k), etc values is a destruction of wealth. But I don't believe it and have been arguing that wealth is not destroyed until there is material destruction (i.e. a house ...
I recently read an analysis of the United States federal debt. The analysis showed the debt rising 6-12% every five year period since 1980 (with the exception of 1995-2000 when it fell 9%). This analysis expressed t...
Ray Dalio is one of the few guys I follow - he built the world's largest hedge fund Bridgewater and wrote one of my favorite books: Principles.This week he commented on the US-Chinese trade issues and the devaluation ...
I know, I know, it is so 2000 to actually like George Bush.
However, I think his speech tonight was well timed, well delivered, and understandable.
Thoughts?
Anyone else getting this question a lot lately?
When we buy notes at a discount our return far surpasses the rate of inflation. In 2020 the average rate of inflation was 1.2%. In the past 20 years the annual average...
i have land eastern WV panhandle near Charlestown WV with three old houses and various out buildings, looking for an average pr sq ft construction costs.
Do you remember in the beginning stages of Airbnb where it was so unusual and it was completely unregulated? When very few knew the details and profits you could make from it and when local governments weren’t involve...
Hi everyone,For those of you that are full time real estate investors that hire GC's for your rehab projects, are having your contractor complete a W9 and issuing them a 1099's?I have had mixed answers and wanted to h...
Hey BP universe and my fellow syndicators. Excited to hear thoughts both for and against.What happens to apartment cap rates (B/B+/A- Workforce; NOT luxury) when these assets come out of the "Covid-Recession" relativ...
I will be closing on a house within the upcoming days. The title company asked me for my SSN,which raised a red flag. Why do i need to provide my SSN if I am buying the house cash. It dosent make sense. I am domiciled...