Hey everyone, Just had a quick question regarding age as a protected class. I am aware that the Fair Housing Act protects from discrimination for housing. You cannot factor someone's age into your rental decision (pr...
Scenario - Sellers bought house in highly desirable neighborhood in Phoenix, AZ at peak of last crash. They still owe $650K. The home is worth between $595-610K. ARV could be right around $650K. Home is 5 bedroom.Sell...
Hi BP,This is a long overdue intro post. I'm Ryan and I'm a victim of recency bias. See the thing is we all either got slaughtered personally or had friends/family get slaughtered in 2009 when that once in every ~70-y...
I'm curious to hear what people have to say. As an economist/risk professional in the banking space, I feel that I have decent insight into the industry. Those of you warning of a housing bubble... I just don't see i...
Hey Bigger Pockets Community!My name is Josh. I recently graduated from UC Berkeley with my degree in business and I am currently working as an Administrative Assistant for a construction company. I’ve been interested...
After nearly a year we had our first friend request to use one of our cabins. He mentioned a few times he'd tell everyone he knew to help us get business. I replied each time with "thanks, but we don't need help. In f...
I wanted to post about occupancy, I know there is a wide variety of occupancy levels and ADR information out there but wanted to share mine and hear what others are doing.Seems there are several schools of thought - d...
Hi All,I've come across a duplex with a frustrated seller after a drawn-out FHA deal fell through due to the buyer's financing. Evidently the buyer's lender required him to pay off his credit card balance in order to ...
Ok so I have gotten a few leads like this and I want to figure out a way to purchase these properties.
Scenario:
Arv 490k
Reno 30k
Rents for 3600m or if I split up I can rent it for 4200m
It’s located 5 blocks ...
Duplex in B neighborhood with recent remodel in both units. All new hardwood, kitchens, and paint. 4 year old roof. Furnaces in decent shape. Purchase Price 140kMorgage Amt (25% down) 105k @ 4.125% locked inGross Re...