David Van
Is Recession looming?
16 August 2019 | 32 replies
of course two years ago that was the hot topic when is the crash coming.I thought he had some great insight.. he said you will know your in a recession when 20 to 30% of the listings on MLS are short sales.. and when foreclosures spike way up..
Kendell Wolfe
100 % FINANCING
2 January 2015 | 24 replies
If that value is "I found the deal, I've done 10 similar deals, I know how to select and manage the property management, I'll deal with overseeing the manager and all day-to-day issues the manager has, and send you monthly and annual accounting", then I might be OK with a 10%ish slice of equity to you, assuming you were not collecting managment fees.As the percentage you want goes up, I want to see the value go up.Where you might get a high percentage is if you say "I have solid info something is going to happen in this area that is going to create a big spike in demand.
Ricardo S.
Pay off credit cards or buy a 3 family in July?
1 November 2015 | 81 replies
Every time I've floated a large balance then paid it off in a lump sum, it's spike my score up between 20 and 60 points depending on the utilization I was at.
Michael Glorioso
Small fish with huge goals in an huge market spike
9 February 2015 | 3 replies
ok, so I live in lake charles, la and all the refineries in the area are expanding and spending millions of dollars! This means that lots of people are moving in area. I've have the idea to buy rental homes or land an...
Fred Heller
How will falling oil prices affect energy-heavy markets?
27 February 2015 | 27 replies
I read a story today that said sales of gas guzzlers spiked in October.
Joshua Dorkin
Where does Oil Go From Here?
19 May 2011 | 15 replies
The last run up in oil didn't have the support of any fundamentals and I believe this current spike in prices isn't any different.I wonder how many speculators who got burned in the last oil bubble are participating in this one?
Max Balesteri
Advise for starting an out of state buy and hold investing portfolio
8 December 2014 | 15 replies
And that's going to take a ton more due diligence and luck out of state...If your idea is to use drip cash flow for reinvestment, that's probably going to take a lot of time to save up between deals as well...Investing in the Bay Area is not easy by any means, but all it would take is one sharp spike in the market, and you'll be able to cash out a ton more money for any future deals.
Wendell De Guzman
How Do You Predict The Next Real Estate Crash? Mine is...
18 August 2015 | 30 replies
In reality probably very few of those deeds even reflect many of those Jan-May 2014 petitions (Which incorporates the first few months of the 15 month year over year petition spikes) so I only expect more and more places to get taken back.I expect to see REOs continue to increase every month for a while since we are now at the point that this LONG period of big petition increases will get to the point where final auctions will take place.I should also point out that I also look at the local price trends in a lot of communities as I have been putting a lot of market reports on my website and I see lots of price stagnation and even lots of regression.
Ryan M.
Should you invest where you live, or live where you invest?
24 October 2016 | 3 replies
If they do not, they take the risk of never being able to live in the place they actually want when they get much older.Certain cities like NYC and SF is a must if this is where you want to eventually live for the long term.Rents spike and continue getting higher.Every year for the last 2 decades I keep hearing all the excuses.... it's too expensive to buy in NYC.2 decades ago, when I bought my first Investment, a 2 Family in Brooklyn, was $350k.Today, I can sell that investment for $1.5 Million.BUT, instead of being happy that I have made so much money for that one single property.... what makes me more happier is the fact that I live in that Investment now (I moved back in to this Investment Property this year).All of my relatives that lived in Brooklyn but moved out, either never bought or had bought but sold a long time ago..... cannot any longer afford to buy in Brooklyn anymore.Even renting has become incredibly expensive.As another example of this phenomenon, I had a friend, Steve, who lived in Manhattan.We both invested similarly in to two different properties in 2004.I invested in a 4 Unit property with a Purchase Price of $800k in Brooklyn.
JJ O.
submetering water in DC
9 November 2016 | 7 replies
The water meters were still installed in case future owners decided to change how it is handled or, more importantly, if there is an issue and they notice a spike in the bill; the submeters could help identify more quickly which unit is the source of the issue.