Curious what people thought about raising rents. I and a partner have a 6 plex locked up and rents are under market big time. They are currently at 505-550 and should be 650 or so. Would you advice immediately rais...
What do you look for in a small town a couple of hours away from a metropolitan area and are trying to buy and hold? Is there a certain unemployment rate you look for? Specific industries? A certain percentage of p...
So I just got off the phone with a Wholesaler (of 14 years, according to him), and asked about a property of interest. This property has been reduced $13K (interesting)...Here's the conversation:Me: Is this an assignm...
I have a feeling this may be the first time something like this has been asked on BP. I am finally about to put a bid on my very first property and it’s a foreclosure. When people say ‘if it’s too good to be true it u...
Should we refom health care? Do we leave thing the way they are? Do we pay $800 co-pay per month and then bail out banks? Are we listening to our president or do we disagree just to disagree? Please share how you feel.
Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
Chances are if you have done a few wholesale deals in your day, then you have heard someone gripe about the dangers of dealing with wholesalers. Typical comments from someone that has been burned from wholesalers in t...
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...