Nathan Killebrew
Is the BRRRR method actually viable?
15 July 2019 | 21 replies
@Frank Wong Millennials dont have the work ethic or street sense to make it happen the old school way (hard work) ...that's why the BRRRR method is so appealing...and that's why BP crushes it with Pro Memberships...pushing the BRRRR method...it lines right up with their main client base...
Wes Blackwell
RANT: Stop Using Bad Math to Analyze Real Estate - Plus A Hot Tip
11 January 2022 | 56 replies
If you abandon all other metrics for some "golden number" or something, no matter what that golden number is to you, you're doing yourself quite the disservice and will pass up on many great deals because of it.OTHER THINGS TO CONSIDER WHEN ANALYZING DEALSThink of all the other things that must be considered when analyzing a potential deal:Crime RatesSchool RatingsPopulation GrowthJob GrowthRent GrowthHistorical Home Value AppreciationNearby Commercial DevelopmentGentrification / "Up-and-Coming" NeighborhoodsLong-Term ProjectionsAnd so much moreFor example, more than 2 years ago I made a massive post about the coming "Millennial Migration" from the Bay Area to Sacramento, and have seen how much that migration pattern has changed the local real estate market there.I bought a owner-occupied short sale in October 2016 for $260k with only 5% down.
Samuel Pascal
Student loans vs saving
17 July 2019 | 13 replies
I make 54k in NYC and currently living with parents ( basic millennial) but I'm taking advantage of a deal with my father to pay off debt instead of rent.
Robert M.
Tenants want to buy my rental property in Philly - should I sell?
12 July 2020 | 10 replies
This is more out there, but I also think about behavioral factors like—as millennials age and have this recent memory of a pandemic that battered East Coast cities, will living smack dab in Philly be as desirable as, say, a suburban SFH?
Eddie Quispe
Pros and Cons of Studio Apartments
7 July 2020 | 14 replies
It could appeal to millennial workers.
Leatha L. Luttrell
Is the real estate bubble burst soon?
26 July 2020 | 64 replies
Let’s see;Market Headwinds :1) High unemployment 2) Rising foreclosures 3) Tighter lending standards 4) Devastating impact on single economy cities (college towns, theme park towns, oil towns, resort towns etc)Market Tailwinds :1) Stable banking system2) Functioning mortgage market 3) New household formations - Millennials 4) Strong lending standards practiced post 2008 crash5) Liquidity Liquidity Liquidity - 6 Trillion printed!
Katrina Cabral
Do you think it's a good time to sell in Georgia?
31 January 2021 | 9 replies
America's largest demographic (Millennials) are finally starting families.
Brent Zande
Why is there so much Happy Talk???
21 July 2020 | 33 replies
I thank all the powers that be that I am not a millennial.
Marc Winter
COVID--Unintended Consequences--Unexpected Benefits
21 July 2020 | 3 replies
Even my Millennial daughters are actually talking about leaving their ‘chic’ downtown Brooklyn apartments to move to (gasp) less urban, more small-townish areas.
Tyler Baldwin
Biden introduces plan to increase taxes on Real Estate investors
13 November 2020 | 215 replies
We have an enlightened millennial here to grace us with his presence and wisdom.