If you follow the financial market...Oil just closed at NEGATIVE $37. Meaning, oil producers are paying to have their oil taken off their hands. (just 7 years ago, oil cost over $100 per barrel)There are many people t...
Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
It's been a bit of a surprise to me that, in spite of what I thought was a huge bubble last year, both real estate and stocks all kept rising. Once COVID hit, I was sure that would prick the bubble and start the down...
Hi everyone,I've been on BiggerPockets now for a few months and realized I should finally make a post. I'm a lifelong Alaskan, born and raised in Anchorage. Currently I am working full time in Anchorage (and I also c...
HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
Can I, or how can I, do a lease option with the homeowner that is currently working with a realtor?
I have a question for the community here. I'm going to state some perimeters to guide your answers. Imagine you're in your mid-20's, live in Scottsdale, no family, single, and unemployed. You do, however, have access ...
Hey BP!So, I'm currently talking to a few painters about taking care of one of the units at my duplex in Winter Haven, FL. Some people I've reached out to have simply provided me with a price per sqft, but 2 of them h...
Hi. I'm new to the RE investing world and am working on educating myself on real estate syndicates. In particular, how to best evaluate potential deals and the sponsors running those deals. This is from the perspectiv...
This is a long post, but I figured I would post my situation and a decision I am trying to make along with a spreadsheet I made to track financial independence. See link below. You should be able to copy and paste int...