Jacob Edmond
All Columbia, SC BP members
We have our own forum category now. Who all is in the area and what types of investing are you into? I have 1 rental property in Summerville and just bought a home in Seven Oaks that I am currently renovating. I plan ...
Weston Hunter
Newark, OH - Rentals
Hello,I've been listening to podcast/reading all about rental properties and I think the time has come to give it a go. I live East of Columbus, OH and have been looking for single family or small duplexes in the area...
Cameron Mac
Property Not Renting
Hello BP Family,I apologize if this was asked before, I searched and couldn't find anything, but I'm sure this is a common concern.My hypothetical question: What direction do you take, when you have an empty rental pr...
James Tedrow
Joe Biden wants to trash the 1031 exchange
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
Joseph Pichardo
Solar Panels to BRRR a property
Would any of you guys recommend installing solar panels to BRRRR? I would also include the electricity in the rent bill if the proper offset is there. Reason I ask is because I installed solar panels in my primary res...
Michael Swan
Should I Stay or Should I Go Now? If I Stay There Will Be Trouble
Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
Steve S.
I have 2 rental properties. Benefits of paying off early?
What are the pros and cons?I have bought them within the last year. I could probably pay off both in 3 years or so and would gross about $3,000 per month in rent at that point.Are there reason NOT to do this? $3,000...
Lloyd Segal
Economic Update (Sept 28 - Oct 3, 2020)
Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
Account Closed
When a housing bubble bursts, do rent prices decrease accordingly?
I want to make sure when I'm buying rental properties, that they can remain profitable in any market. I ignore the possibility of the value of the property increasing, I only am going to make decisions based on payin...
Ron Brady
Remote Appraisals of Homes Could Reduce Racial Bias
In today's New York Times: Remote Appraisals of Homes Could Reduce Racial Bias - The New York Times (nytimes.com)My initial take is that this is a sound move by Fannie and Freddie to address a real issue. If it helps...