Hello BP, doing some research on delayed financing when purchasing with cash and cashing out some money under 6 months. Are investors doing this and then cashing out the remainder after 6 months? Doesn't that cost mo...
So, there is a thread out there about a newbie wanting to buy a Lambo and given that he just started, and had no money at the time, most people consensus is that buying a Lambo would not be a good idea at that time...
I just turned 50, I've worked a great W2 for 26 years in tech sales/mgmt and managed to save $3M across 401k ($2M) and Stocks ($1M). I want out of the W2 world but the golden handcuffs (and 3 teenagers) keep me tether...
I guess We are on the verge of a pandemic. stocks have already lost a considerable amount of value due to this virus. Thankfully I was able to sale majority of my positions a couple days ago to prevent any further l...
For those of you who haven't already heard the news, there is SDIRA-Killing Legislation in the House Tax Bill. Tax Attorney/Investor John Hyre, has put together a website that describes the impact of this bill on all ...
I purchased a home 2 years ago and am now looking to refi into a second home and rent out my current house.Our neighbor installed a massive foundation that’s an eyesore and visible from our backyard patio (not to ment...
Hello BP family. I am currently overseas working with the US Military. I am very much interested in buying my 1st Rental property in the Orlando/Disney World area. I contacted a Veterans Affairs loan officer to get th...
I’m looking for my first deal. Conventional lender who pre-approved me is a REI himself said 25% down payment on an investment property is standard. And they won’t do a loan under $75k (since closing costs would be ov...
Just about every ROI analysis I see includes a "vacancy rate" factor that is used to "adjust" gross annual income as an accurate representation of the rent that the investment can be expected to throw off each year. T...
Many people make the mistake of assuming they know what will attract a specific tenant pool segment. I made this mistake as well.
When I was first studying tenant pool segment demographics in Las Vegas, I assumed tha...