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28 October 2021 | 22 replies
They forgot the last property crash and global financial crisis.
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9 May 2020 | 20 replies
For example I know someone who has an Airbnb right now in Turks and Caicos and the lender called the loan on them because of the financial crisis as lender is looking for liquidity.
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4 September 2023 | 58 replies
They call it "stabilization" but in much of the outer boroughs the free market rents aren't far off from stabilized rents.In addition, if you look at the 2008 financial crisis, multifamily properties in NYC fell 16% (using cap rate data) I believe.
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20 November 2021 | 1 reply
I have heard many people say that inflation in our housing market will lead to higher interest rates which will ultimately lead to an affordability crisis and a significant drop in housing prices.
23 February 2022 | 125 replies
If you chose 10 units because the cashflow was better at the time of purchase you need to do serious math to determine whether or not the 20 units with the lower cashflow would have beat out your 10 units big time in 1, 2, 5 or more years.As for going from Rockstar to bad times, I personally never met a multi-unit investor who lost money back in the 2008 crisis nor any other downturn.
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27 March 2017 | 5 replies
Rent control seems to work for a few renters to keep them in but eventually ends up in less housing stock and leads to housing crisis and underbuilding.
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19 December 2021 | 12 replies
Regardless of the recent crisis, real estate is still a good, long-term investment.
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31 January 2022 | 67 replies
I couldn't get anyone to give me a quote on materials because of the "supply chain crisis".
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16 December 2021 | 30 replies
I remember the SnL crisis in the early 90's (commercial mortgage crash).