Easy market in small town; scarce rental opportunities available with a healthy demand. I am interested in acquiring my first property, but it has some variables that are not ideal:1 BR/1 Bath and not expandable, need...
Hello Everyone - I am currently shopping around for lenders, and I am trying to find ways to make this product more competitive since I am in a highly competitive market in Seattle. I am focusing on a quick close but ...
Hi BP! Been awhile since I've posted. Quick question. I have a unit with a 40 something mom and her 19 year old son living there as tenants. The son just called me tonight saying that his mom has been having her b...
Hi All,I've been a multifamily investor for the past 4 years. With each deal, I have syndicated them in some way shape or form. They have ranged in size from my first 20 unit which was bought and sold recently to 70...
Hey All - I've been listening to BP for quite some time now. I'm 25 years old and just got back into real estate as a licensed agent (very new, don't have any deals or anything in the works yet). I left my previous co...
Greetings all,
Newer investor here (own one duplex with good equity) moving toward buying a second multi-family, likely via 5% loan, cash-out refi, or HELOC. Trying to understand a few concepts here:
1. My current d...
Hello, Im looking to relocate and have narrowed down options to Florida and Texas. I have a business which permits me to live anywhere and I have no wife or children, so this would not be a difficult move. I'm curre...
We're converting 2 long term rentals into fully furnished STR for Airbnb. I'm looking at tv and internet service and my options seem to start out at around $110/month per property. This is for internet and basic cab...
I'm looking into a couple large apartment complexes in Brownsville and just sent out an Loi for one of them. This is for a long term hold for at least the next 10 years. There is an 18billion dollar gas plant that is ...
Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...