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Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
A closer look at the 40 housing markets at risk of a 15% to 20% home price decline
Every quarter, Moody’s Analytics assesses whether local fundamentals, including local income levels, can support local home prices. A...
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More duplexes for sale. More 4 plexes for sale. More properties I’m getting outbid on. My numbers tell me what to bid, but what are these other people’s numbers telling them?!I’m a standard 20% down, 5% interest, 25 y...
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How do we create housing that is affordable for the existing citizens of Birmingham and still make a profit? The current Revitalization is setting market rates far out of reach of most all Birmingham citizens with hou...
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I have owned and operated properties since 2007, and have always had a NO smoking and NO pets policy. As of late, I am getting a lot of requests for needing a "service animal" or "therapy animal". I don't know if this...
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Well here we are closing today on our First BRRRR. We got it for $72,000 and it needs approx $25,000 worth of renovation and we think it will rent for $950.00 for each 2 bedroom i bath and garage. This is our 3rd d...
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I wrote an article for the BP Blog asking a question about real estate appraisers and what role they are playing in holding down real estate values: http://www.biggerpockets.com/renewsblog/2012/07/18/are-appraisers-pa...
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I have a close friend whose realtor has convinced him to apply for Home Partner of America's rent to own program. I believe this company used to be Hyperion Homes.He asked what I thought - I told him I had no idea. ...
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Hi everyone,So I am getting closer to finding a tenant for my first SFH rental. It has taken me exceptionally long, probably because it is my first time going through the process. This is probably a C-class house wi...