Account Closed
How Investing in the Stock Market Saps Your Wealth
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Wai Fung
Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Mehran K.
"What If" Section 8 Were No More
Hey there community!
I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...
Eric Bilderback
Millennial's growing poorer
Listening to people beat up on the young folks for having their student loans paid off. Look at this people born between 81 and 96 are getting poorer while the rest of us are getting richer. What this is really sayi...
JR C.
Hereos Act will hurt landlords in a bad way
Forgive me if this has been posted before. A search didn't find anything. As you probably know, the Democrats in the House passed the Hereos Act, A part of this bill calls for a Federal Ban on evictions of any residen...
Alexaundra McCormick
RENATUS SCHOOLING?
has anyone looked into this? It claims to be a college on how to become a real estate investor from the best arpund. There are diferent courses the offer finacial aid and give you access to online classes or you ca...
Kay Rock
Electricity
I have a studio attached to my home that I rent to a young couple. They have been living there 4 months and the electricity bill has gone up 200%. I know it's summer, so we use more, but since they have moved in they ...
Cory T.
Evicting renter from a vacation rental property
Hello All,I have a one-bedroom vacation rental condo in Palm Springs that has been listed on AirBnB for about a year now. I have my first stressful problem: a vacation renter with a 44 day reservation who will NOT lea...
Arn Cenedella
Cash flow is NOT king!
“Cash flow is king” is a mantra to many. It’s repeated over and over in forums and conferences. I am not a “cash flow is king” investor
Pending one’s stage in life and career, I submit growing equity and increasi...