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4 April 2019 | 7 replies
BP offers good resources on a book i like for out of state investing https://www.biggerpockets.com/store/long-distance-real-estate-investing-ultimate Read books like these and follow actionable steps.Next i'd start exploring strong markets with good economic indicators.
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18 August 2020 | 4 replies
Does anyone know of a wood window manufacturer that has economical prices?
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4 April 2019 | 19 replies
If it makes economic sense to change from renting to owning, i.e., you would free up more cash flow to invest, then that's something to think about doing.But the question of how to best invest any excess income remaining beyond your living expenses, is (in my mind anyway) somewhat separate from your personal situation, and is a very personal question involving your risk tolerance, experience, interest, support from friends & family, etc.
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7 April 2019 | 6 replies
According to the dictionary definition, a recession is: “A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.”During the last recession, a dramatic fall in home values helped cause it.However, according to research done by CoreLogic, home values weren’t negatively impacted as they were in 2008 during the previous four recessions.Home price change is the last 4 recessions:During the four recessions prior to 2008, home values depreciated only once (at a level that was less than 2%).
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29 April 2019 | 3 replies
What happened in 2008 was different because of the mortgage crisis.This article better explains it: https://www.keepingcurrentmatters.com/2019/03/07/why-an-economic-slowdown-will-not-crush-real-estate-this-time/This quote sums it up:"During the last recession, prices fell dramatically because the housing collapse caused the recession.
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4 April 2019 | 17 replies
Economical data both globally and nationally have been slowing since last summer.
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7 July 2019 | 1 reply
It's an economically depressed town that has seen some really hard times.
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3 April 2019 | 0 replies
OF CRIMES AGAINST THE PUBLIC HEALTH AND SAFETY [369a - 402c] that goes into effect during a state of emergency.
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5 April 2019 | 7 replies
In last economic downturn these types of businesses tend to go from expansion mode (economy growing) to (contracting mode) economy stagnant or declining.
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5 April 2019 | 3 replies
I buy stuff that needs full rehabs at deep discounts, and do full rehabs, New furnace, water heater, electrical panel if needed, flooring, kitchens, roof, windows, ect as needed and force the value up, so I tend to buy between $20-50K so $10-30K rehab and get an ARV between $80-120K with rents at unusually .8-1% of ARV or 2%+of my all in cost, this spring boards you forward, doing BRRR without needing more cash, because you can get all your money back out, I try to keep my equity high and debt low with the prospect of economic changes over the terms of a loan, lots can happen in 15+ years. let me know if i can help, I have 24 locations, 27 doors Im in West Bend and have stuff all over WI.