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8 October 2020 | 115 replies
The Fed is doing all it can to promote inflation- if the Fed is successful, owners of real estate stand to benefit.
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15 September 2020 | 64 replies
@Isaura Orellana you should try the PRO section of BP to promote your business and not impose yourself under the guise of trying to chime in on my post.
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14 September 2020 | 13 replies
I am thinking about credit cards and helocs close to 0% promotional interest rates ,but they are hard to find during this pandemic .So I am exploring if there are any other creative ways.Appreciate your inputs.Thanks
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15 September 2020 | 11 replies
What I like specifically about these markets is that they not only cash flow well but also have solid economic and demographic fundamentals with modern, diverse economies.
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16 September 2020 | 32 replies
@Rada Vassileva Not in any particular order of relevance.. but I would look up growth of the city (in terms of population and in terms of economic growth), diversity of the jobs coming to the city and what the current industries are to get a better picture of potential buyers/renters, appreciation of houses in the city if you are looking to BRRRR, average rent rates in the cities you are looking at, etc.
30 April 2019 | 6 replies
Diversity of job market- don't want most of the jobs in just a couple industries, better to have a good variety of jobs for stability (Citydata.com, bestplaces.net, bureau of labor and statistics)4.
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1 May 2019 | 3 replies
The BRRRR strategy is so heavily talked about and promoted here on BP and the podcast that everyone now knows about it.
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2 May 2019 | 12 replies
So accumulate a diverse set of resources to weather any financial storm, however unlikely.
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15 January 2020 | 5 replies
Occupancy: investment, owner occupied, short term furnished rental, rent-to-own, and or long term rental.Value of property at present and/or your offer price: currently looking at propertiesAfter repair value: $ N/AAnticipated or actual appraisal issues: N/ACurrent rents per month: $ an extremely cautious number we believe is $500/brFair market rents per month: $lowest we saw was $820 for a 1 brDown payment or equity: $8,000 not sure of equity yet as we haven't locked down the subjectSource of down payment funds, if applicable: own fundsIncome Source: Salaried/hourly W2 (In Illinois)Gross monthly income (optional): $2,400 + pretty regular overtimeMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: under $100FICO: Good bordering on excellentCredit issues: Length of time I'm only 20Additional details: Wondering if anyone can shed some light on this...how or can you get financing when you want to move to another state and have been working steady (Kohls for 3 yrs and recently changed jobs, about 4 months ago, to better salary, from $10 to $15 / hr, and opportunities, already been promoted twice) but will have no employment history in the new state.
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16 July 2019 | 4 replies
Ohio is rather diverse so depending on the type of product you are looking at, you can find deals in numerous places