Anthony Power
What would you do if you were 20 with some cash in REI?
My names Anthony, and I have got into wholesaling as a way to create extra income and just build up some capital to turn around and re-invest. I have about 20k-25k saved up right now, but my DTI ratio is all out of wa...
Olivia Cannizzo
First Time Home Buyer Needs Advice
Currently renting in Bozeman, MT. Thinking about buying instead of renewing lease, but we'll be moving in about a year regardless. So, if we bought property it would become most likely a long-term rental next year.
...
Jon S.
Liability Exposure vs Tax Exposure, they seem to be at odds.
Based on responses on BiggerPockets, I've realized that addressing these two concerns is not necessarily complimentary, one can cause problems with the other. In Brandon Hall's article on tax planning "Higher Earner V...
Craig C.
A good market?
Hello BP!
I've got another question, which summed up is: How do you decipher if there is a good market in an area?
My hometown is kind of a ghost-town that has taxed itself to death, so I've been lookin...
Alexander Ransom
Raising rent when buying triplex
So I found a triplex for sale in the Madison area that has three units and each one has been occupied for 15 years. It is clear to me that the rent has not been raised in a very long time. The gross rent is currently ...
Aaron Gordy
Once again, Austin metro is the lowest in Texas for unemployment
The numbers just came out. Austin metro is clocking in at 2.8% unemployment. Last month it was also 2.8% unemployment. Year over year the unemployment decreased from 3.2%. The cumulative labor force expanded over the ...
Account Closed
You Need $7,581,000 Today To Be Equal To A Millionaire in 1971 $1,000,000 - Why?
Why and does it matter?
When properties go up in value, property taxes go up with the "value". When housing prices go up, obviously you pay more to buy houses and it becomes more difficult to buy. Income taxes incre...
Patrick Gibson
5 Units, now what do i do?
I am a bit of a new investor, currently have 5 units under 2 roofs, but have a 5 unit building I am eyeing and I am not exactly sure how to quickly BRRRR it to get my initial investments back. There are definitely som...
Ben Staples
Turning Consumption Goods into Capital Goods
http://www.forbes.com/sites/timworstall/2015/08/02/uber-reduces-capital-concentration-and-increases-the-number-of-capitalists/I thought this article was an interesting one and wanted to share. Tim Worstall writes abo...
Charles Worth
Q2 2015 Market Report: Manhattan Rents and Sales Prices Hit Record High
I recently looked at condos in NYC and the vast majority had carrying costs of almost twice the rental rates. Also, a number that actually sold had renters that were paying $1K a month less than the carrying cost. St...