The Housing Bubble Discussion (Part 2)
Tuesday, February 10
Over the past few months I have asked the question, “Do you think Nashville is experiencing a housing bubble?” to several respected individuals involved in real estate. After talking to a banker, appraiser, commercial broker, realtors, wholesalers, and other investors, the responses have been qui...
The Housing Bubble Discussion (Part 1)
Sunday, February 08
It is 2015, nearly eight years since the beginning of the end of the nationwide housing bubble that grew in the mid 2000's. Different parts of the country were impacted more severely than others, and some areas still haven't recovered completely. Meanwhile, enough time has passed that a few citie...
Finding the Highest and Best Use of a Property
Wednesday, February 04
An intriguing property was recently listed for sale on the MLS in Nashville, TN, just a tenth of a mile from the popular Riverside Village in the Inglewood neighborhood. The house, built in 1930, is over 2400 square feet and has charming historic character, but the land (.8 acres) at 1424 McGavoc...
The Difference Between Speculation and Proven Value
Monday, February 02
Last week I looked at an investment property in Nashville, TN that is about as cheap as it gets right now, priced at $40,000. I had previously driven by the property and given it a bit of thought, but I needed to see the inside before I knew what investment options were in play. After meeting the...
To Airbnb or Not to Airbnb?
Sunday, February 01
Nashville had the largest increase in Airbnb bookings of all U.S. cities in the summer of 2014. The increase of 365% since 2013 further proves that Music City has quickly become a huge player in the online booking giant. Airbnb’s website encourages visitors to “rent unique places to stay from loc...
The Top Six Myths About Real Estate Investing
Friday, January 30
Whether you have heard stories from a distant uncle, watched dramatic renovations on tv, or read dozens of books about real estate investing, there is a lot of misinformation floating around. It can be hard to know what to believe. The Urban Investor is here to divide fact from fiction and unveil...