Charles A.
Preparing for the Apocalypse.
14 March 2017 | 3 replies
The new government in DC is barely 60 days old.Yet one of the most noticeable early goals it has set for itself is the repeal of Dodd-Frank.Although this law is more complex than most people seem to think,it might be worth your while as a real estate investor to google it and familiarize yourself with some of what it does and doesn't.Those BP members who were in the game in 2006-2008 understand that Real Estate can be a blood sport.We like to beat up on stocks.We like to say an entire stock portfolio can be wiped out by some extenuating circumstances while real estate is tangible and can be driven to,visited and touched.However,thanks to NINA and NINJA loans (google them),real estate proved every inch as dangerous as stocks in 2006-2008.At least when most people own stocks,it's usually almost all their own capital.When mortgages go bad,you not only lose your own equity,but now you own a ginormous amount of money to a lender who must foreclose on you.Bankruptcy may follow as value add.I feel it's my responsibility as an experienced investor to throw this out here at this time in our national political journey for those newbies who keep salivating over all these tempting threads on BP about "so and so" buying "150 units in 12 months".Now more than ever,it's extremely important to learn from the bitter lessons of the not too distant past.leverage is a two-edged sword.The wise ensure they purchase a sheath as well.The new government's policy post-repeal of Dodd-Frank (if it's that easy) may well birth an unprecedented job growth explosion and asset appreciation that we never have to worry about rental units vacancies again.But experience tells every savvy investor that is a pie-in-the-sky expectation.So what is my company doing to prepare for what is to come?
Anna Milligan
Renter's Insurance Liability and "additional insured"
11 February 2017 | 20 replies
For my part I try to screen tenants well enough I don't get explosions and smoke damage very often.
Ronda R.
Buying Remotely in Akron Ohio Area recommendations for MFU & SFU
15 October 2015 | 7 replies
You should not have to invest in far flung (from each other) properties in order to build a desired portfolio.I don't expect an explosion in Highland Square, things don't swing that hard or fast here.
Jay Hinrichs
Morris Invest Oceanpointe Investor beware
19 November 2018 | 11 replies
I’m with you on that group...waiting for the explosion!
Shital Thakkar
Investment Strategy based on CNBC Top State For Business : TEXAS
10 September 2018 | 27 replies
San Antonio and the I-35 corridor has been seeing some explosive growth for the last couple of years now.
Megan Greathouse
"St. Louis region falls out of the Top 20 metros in the U.S."
3 April 2018 | 24 replies
I don't know that we'll ever see explosive growth, but I think St.
Rudy Manna
Finding deals in Idaho
2 April 2018 | 5 replies
You might not be able to make numbers work with MLS properties due to explosive growth and low inventory.
Matthew P.
Need help with 140 acre land development in Door County, WI
6 March 2019 | 8 replies
We would have kept it as a rental property, but the condo complex we were in passed a number of very restrictive rules on rentals out of concerns for the explosive growth of AirBnB/VRBO rentals.Here's my take on developing land in Door County:1.
Todd Hensy
Top 10 hottest top ten real estate markets.....bogus?
24 December 2016 | 19 replies
where there this is explosive job opportunities, then explosive real estate follows."
Don Konipol
What is a real estate investor?
31 March 2016 | 14 replies
And a brand new industry was born.Until the late 1970s, Nickerson's book, published in NINE editions and revisions, was the only book geared to the small investor wishing to have a direct investment in real estate.By the late 1970s many people, some just owning a single family home, had ridden the housing price explosion in California real estate, and thought why not do this with more than just their personal residence.