Lloyd Segal
Economic Update (June 22, 2020)
Economic Update
(Monday, June 22, 2020)
The recession that started in March was the sharpest downturn since the Great Depression. As it turns out, it may also be the shortest. This doesn't mean our economy is ...
Lloyd Segal
Economic Update (Labor Day Edition)
Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...
Joel Betances
Good tenant but lost their job 4 months ago
My tenant is about to hit the end of my 1 year lease. Great tenant that has paid on time until she lost her job 6 months into the lease. I gave her 2 months to recover from her financial loss. She was able to get help...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Mike K.
RE Investing - Not a good option right now
After looking at the opportunities available in RE investing and analyzing the risks and rewards I decided that there are better options available to build wealth. It pains me to say this since I have been an apprais...
Lala Weiss
Running the numbers as a newbie, Cap ex, COC, NOI oh my!
HI BP Community. I've been following the forums for some time now and I would love some clarity about how investors are 'running the numbers'. Numbers have never been a strong point for me and I would like to improve ...
Mitchell Berry
New, young investor in Murray, KY
Hello, everyone!
It's great to be on her and soak up a ton of great information. I'm a college student graduating in May and trying to get ahead of the game and jump into the real estate game now. I've met with a loc...
Benjamin Riehle
This Week In Tucson - Vol. 2 – BRRR STRATEGY
A recent post that I wrote discussed exit strategies on a property that we’re converting from a 2 bd/1 bth to a 5 bd/3 bth. Now, we just purchased another property right down the street. This property also has multipl...
Andrew Magoun
How to pull out equity?
I currently have 9 units spread over three properties and am under contract for adding a duplex. All told, there is about $400k in equity built up between the three properties. I'd like to be able to tap into that. He...
Sean Ade
House Hack Analysis
Hey BPWhen looking at doing a househack on a Duplex- how do you typically apply the 2% rule and the 50% rule? Is there another rule of thumb I should look at instead? For example on a house I'm looking atCost- $310,00...