Stephanie Ro
Slow and Steady - 1 bed/1bath Condos in Hot Spot Cities
29 August 2021 | 27 replies
Just non stop reasons to buy a different asset class.
David Macias
Generating Capital for more RE investments
25 August 2021 | 5 replies
@David Macias I met someone in a class last spring who found a unique niche that you might like.
Daniel Haberkost
Slow and Steady Progression - Thanks BP!
24 August 2021 | 0 replies
Additionally, I grew up lower middle class without any entrepreneurs around me so the BP podcast was integral in showing me what was possible w/ RE investing.
Daniel Smith
Buying near a Walmart
25 August 2021 | 4 replies
In my thoughts, it's a positive thing, but not an indicator of neighborhood class A,B,C,D or structure class A,B,C,D.If it's reasonable walking distance (a 10 to 15 minute walk) to the Walmart, and fast foods like Burger King, 7-11, Arbys, Wendys, etc...
Patrick Chiles
Are you willing to help the homeless?
9 April 2022 | 84 replies
Temporarily displaced - these are the people that get stories in Fox and CNN about how they were doing great, but just happened to get a couple of bad turns and now are being tossed out on the street.By and large, the only reasonable class that can overcome homelessness as the problem, rather than a symptom of the problem, is the last class.
Rishit Shah
Blockchain and the Future of Real Estate
1 September 2021 | 4 replies
The ease of operation from tokenization will make the benefits of real estate more accessible to the average citizen and spread it across more asset classes. 2) Less intermediaries required in real estate transactionBlockchain will eliminate the need for intermediaries in real estate transactions.
Brent H.
Duplex Purchase During Beginning of Covid
25 August 2021 | 2 replies
This was a very nerve-wracking time being that the market was very unsure of the future and rates went up and down like a boat at sea in a storm (my loan office jokes with me to write "Bought a home when Covid hit" on my resumé).Jokes aside, my wife and I were scared that we were buying a home at the worst time since no one seemed to be in the market to purchase a home.
Phil Pat
Is it a bad deal to buy a multifamily that is already renovated?
30 August 2021 | 9 replies
If it is a full redo and inspects well, what others said above is spot-on, you will get less cash flow for paying more, but over the next five years your cap ex should be virtually zero and you are able to mortgage the whole boat instead of buying a fixer-upper and either paying the repairs out of pocket or via hard money.
Clay Rikard
Cash Flowing Markets Out of State
6 September 2021 | 2 replies
Self-managing anthing, but a Class A property, remotely is a recipe for disaster.Most Class B and ALL Class C properties need local management to succeed.
Neil Narayan
Austin takes title as No. 2 housing market in the U.S.
13 September 2021 | 14 replies
and in certain areas petty crime can be just as bad as any of the C/D class areas of other cites.But bottom line for me can self manage A class tenants maintenance super easy and appreciation which is where wealth is garnered if your just running a small portfolio like myslef.