Mike Sales
Appraiser v. Property Manager
I really love real estate, I've been studying and looking at REI books for a good 5 years, and I like the prospect of working in the business. After some reflection I've decided on two jobs that I think would be benef...
Account Closed
New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
Chris May
Sell highest value property? Cash flow vs appreciation dilemma.
I realize there's no "right" answer to this question, so I'm just looking for opinions or angles I haven't thought of.We owner occupied a duplex a few years ago in the SF Bay Area. We've since moved to North Carolina,...
Michelle Mapp
How do people make the numbers work in Southern CA?
We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...
Mark Douglas
Crash or Correction?
I've heard people recently mentioning that the US is headed towards a market correction. In what ways is this different than a full crash, like in '08?
Stephen Hundley
My First BRRRR Property Successfully Completed!
What do you get when you mix a few arrests, drug dealing and unpaid property taxes? My first BRRRR property that's what! Back in early June, the city released their list of unpaid property taxes from the year prior. I...
Lloyd Segal
Economic Update (Monday, January 25, 2021)
Economic Update
(Monday, January 25, 2021)
There aren’t many people—apart from, say, Elon Musk—who are going to look back fondly on 2020. It was a year of illness, pain, uncertainty, an...
Lloyd Segal
Economic Update (Monday, January 11, 2021)
Economic Update(Monday, January 11, 2021)
We all have our New Year’s resolutions. Most likely your goal is to tackle that extra weight, run that extra m...
Eric DeVito
New Yorker looking to invest OUT-OF-STATE!
Hello all! I reside in Staten island, NY. I am priced out in NYC. Just bought a SFH in Staten Island last year via VA Loan. I currently reside in this home. I was wondering which of these locations would be best to i...
Account Closed
Diary of my latest flip
I'm going to use this thread to track the progress of my current flip project. This house is in the Hickory NC area. The house was an REO listed in the MLS. It is a split level ranch with 3 bedrooms 1.5 baths and a fu...