Drew Y.
Its beginning to feel a lot like 2005 everywhere I look
9 June 2018 | 98 replies
its certainly happening in the bay area.. in Portland we are just about at our 07 peak so it stands to reason just with inflation that we can see new peaks 11 years later..I mean when median price point in Portlandia was 120k in the late 80s .. it was not going to stay at 120k forever just like now with our median over 300k and in the peak it was right there .. it can make new highs, at least I am thinking so.also much more equity coming into the market than what was happening in 05 to 07 were every one was so focused on 100% leverage you know OPM refi to you die.. max equity.. what I see now in my new home communities are buyers aschewing max equity.. don't want to pay PMI and are putting 10 to 20% down and in my last 23 homes community we sold 3 for cash.. at 450k each.. that was UNHEARD of last go around.. so in my mind whatever is happening today has stronger foundation for a longer run.then you take all these folks buying rentals.. and I see it every day on my HUDS that I am signing all over the country.. and its cash sales and 20% down or more.. now BRRR has come back that is 100% financing .. but its limited.. were as in 05 ish that was 95% of how people were buying rentals in the mid west.. so very few had any real skin in the game.. as compared to today..
Sanjeev Kaushik
How to find out of state Real Estate agent
3 August 2018 | 12 replies
Looking for help from BP community on how to find out of state Real Estate agent who are willing to help.
Chris Rendall
Know any good contractors in Midland, TX?
27 June 2018 | 5 replies
Hello BP Community!
Account Closed
What to do when you don't qualify for conventional loan?
6 June 2018 | 11 replies
If the Bigger Pockets community has any advice to offer, I am all ears.
Blake King
Acquiring renters with purchase
13 June 2018 | 32 replies
Hello lovely Bigger Pockets community members!
Account Closed
NEGOTIATED SALES PRICE $754,498...and $98? Really?
11 June 2018 | 152 replies
That is not how the BP community works.I have also raised valid points about insurance, taxes, etc. all not being even numbers.
Ty Martin
Property #1 Update - House is Hacked! Now what?
6 June 2018 | 2 replies
I'm going to leave this wide open and not mention any of my current plans, that way I can really feel the pulse of the community.
Ty Martin
Property #1 Update - House is Hacked! Now what?
11 June 2018 | 1 reply
I'm going to leave this wide open and not mention any of my current plans, that way I can really feel the pulse of the community.
Ty Martin
Property #1 Update - House is Hacked! Now what?
2 July 2018 | 1 reply
I'm going to leave this wide open and not mention any of my current plans, that way I can really feel the pulse of the community.
Jordan Ray
New to BP, From South Florida
6 June 2018 | 6 replies
You have come to the right place and welcome to the Bigger Pockets community!