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What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
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Hi BP! My 2013 Jeep Compass has a dying transmission; I bought it used in 2015. I've seen multiple mechanics/transmission specialists; it's got a CVT transmission which are seeing tons of issues around the 6-year mark...
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I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
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I've been an electrician in Washington (the real one..) for 10 years, residential, commercial, and industrial. I've learned a ton from BP so this is me trying to give back with knowledge of something I know very well....
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What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
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Hi I know I post a lot on these forums but I really want to gain as much knowledge as possible. I have been in real estate for about 6 months now and have yet to make any real money. I have trouble figuring out what I...
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BP contributors:
I for one believe we're not going to see a real estate crash anytime soon, and I firmly believe in the power of pessimistic thinking. But I'm also not wholly ignorant of all the aspects of this busin...
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That Atlanta market peaked on July 2007 and bottomed in March of 2012. We have since made a complete "V" shaped recovery since March 2012. At this significant bottom, and retail real estate were trading at 1996 pri...
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I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
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I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...