Mike Lattier
Getting Started Later in Life
My wife and I sort of stumbled into the world of REI recently. We are both in our late 50s and are looking to get involved with investing as a means of continuing our income after we retire and building wealth. We a...
David Robertson
Rehab- Business Accounting Questions
I am currently looking for my first rehab project and had some questions on the accounting process. I am assuming that I will need to track the amount of money used for the repairs, holding costs, realtor fees, etc i...
Rob Street
Buying non-performing note of abandoned property
I am interested in buying a non-performing note of a property in California that is tied up in BK and has been abandoned for several months. Ultimately I would like to foreclose and acquire the property. The former ow...
Peter Lee
Best way to purchase single family houses before they hit MLS?
My company is trying to purchase REO's individually before they hit the market. In my area, the houses on the lower end of the price range, i.e. sub 300k are being bid on fairly aggressively.
We are all cash buyers ...
Joe Cassandra
Oil just closed at NEGATIVE $37 (bankruptcies ahead)
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...
Lloyd Segal
Economic Update (August 31 - September 4, 2020)
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...
Ty Whitman
What are your thoughts on this "conspiracy theory"?
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...
Hans Rodvik
Trying to Purchase My First Property
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...
Alyssa Baron
What is a Cap Rate and why is it so important?
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...
Al Mcbee
Lease Options and Realtors.
Can I, or how can I, do a lease option with the homeowner that is currently working with a realtor?