I'm a first time buyer looking to make a move on a rental property. I'm trying to estimate my potential costs if the market were to go south.
Do rents generally go down in an economic downturn? If you are underwriting a property do you consider that the income may actually decrease (if so by how much) or do you think worst case scenario rents are stagnate?
Hello BP! While there may not be a housing 'crash' in the future, there will be some form of a correction with housing prices. When that happens, what niches of real estate do you believe will offer good returns for i...
With the Coronavirus causing Florida's theme parks to contemplate closing, there is a risk of Florida heading for a downturn. Even if the impact of the Coronavirus ends up being short-lived (as most are predicting) a ...
I have 75k saved and ready to purchase my first rental property. Prices in my area are high but interest rates are low . Should I wait or start looking to buy now?
We are wondering what others think of the effect this would have in rental properties market. Would this delay the expected downturn in 2021? Just curious what others think! Thank you.
Hello BP community, I am in need of advice on whether to keep or sell a condo (2 bed, 2 bath) in LA (Frogtown/Elysian Valley) that I purchased in 2017. Complex was built in 2017 so no rent control.Purchased $480,000,...
Is it a bad idea to try to flip houses when prices for single family homes start heading South? It seems like that would be the case because time is not on your side. I am worried that we are nearing the top of the ...
Trying to enter into the real estate MFH game. ALthough I am interested in 15+ units, I come across more potential 4plex, 3plex, 2plex deals. Hesitant to go for those as I learn the benefits of large vs small MFH. I a...