All Forum Posts by: Chris LumLee

The sub should have a beef with the thief, not you. If you can find the thief, sue him. 

In my experience, if someone goes out of their way to say that, they're pretty bad. (Please don't cancel me)

Hi,

I know markets and economic conditions- thought not necessarily circumstances- are cyclical. And the last decade or so has benefited RE investors because of the low rates and there's been a surge in RE investors over that time. My question is if anyone here was investing from before the 08-09 era where rates weren't as favorable as they have been since AND if so, how do you think this "new normal" in rates is going to affect the fix-and-flips or BRRRR strategies?

I know it's an ignorant question, but it's been a burning one on my mind.

Thanks!

@Lewis Gichuhi Check out the locale's real property records.

@Michael Dumler Echoing the sentiments on this comment- his book recommendation will give you a great foundation to go off of.

@Russell Brazil 🤣🤣🤣

@Candice Ravin Woodfin Anything from BP.

@Joanna Golden I'd rather watch the highlights on a YouTube video.

@Alfath Ahmed I wouldn't say they're trying to "trick" you. I do think the horrible communication is enough to fire them, though. Just reading about this is making me mad. 🤣🤣🤣

 I'm a total cynic on Detroit. ...Not knocking on the people there (in general) or anything like that- and definitely acknowledging that there are some beautiful areas there. But I had a HORRID experience there that made me blow a gasket.