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Hey All,I live out of CA and will be in Phoenix for a couple days. I'm currently in the middle of a fix and flip in Indianapolis that should be concluded in 2 months. I am heavily considering investing in Phoenix for ...
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Report: Tax Law Changes Affecting Home SalesThe new 2017 US tax code could be to blame for the downturn of the housing market. Data shows that the housing market has slowed significantly in recent months and many attr...
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I received some advise from my banker today. I though I'll share it here and maybe get some feedback. I have asked him what cap rate to use when putting offers in on 5+ units multifamily in the Cape Coral, Fort Myer...
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Hi BP,Getting started with my first purchase and it is a short sale. It's been on the market for over 200 days. A deal fell through and now it's back on the market. I wish I could find out why the last deal fell throu...
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Hey guys, thanks for all the great value and knowledge! As we continue to grow our portfolio, I am curious what your thoughts are on current caps rates in tertiary or c-class markets (eg towns about 1-2 hours outside ...
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Hello,I am new user and first time poster with a question regarding the 2% & 50% rule. I am interested in buy-and-hold investing of small apartment buildings and would like to know if my quick analysis of a parti...
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As we all know, New Jersey is a tough area do to the high property tax. I'm really trying to figure out where in New Jersey are the best areas for investing when it comes duplexes. Note that I am looking into buying m...
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What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
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There is a lot of speculation whether or not banks are holding back a large inventory of repossessed properties in order to keep prices form tumbling even lower (is there? Isn't there? your thoughts please).
If this...
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That's what the broker told me!
Really? I replied. Yesss! He responds. The whisper started at 6mil, offer settled @ 6.3.
Well, congratulations. What's your level of certainty it will close.
I'm pretty confident!...