I live in Portland, Oregon. I have my main residence and also a triplex here. I’ve had a few two-flats in Chicago, but I haven’t been happy with that market. I’m planning to buy another small multi-family property wit...
So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...
This is not Alaska but a frozen faucet in Maple Valley, Wa. All the faucets are frozen, the heat is off as of now ( no one lives at the property). The heat will be hopefully up in a day. The temperatures were in th...
Don't expect metro Phoenix housing market crash due to COVID-19
That's the headline in this morning's Arizona Republic from real estate reporter Catherine Reagor.
As she says, "Metro Phoenix fares better in econom...
Investors make their decisions based on research and running numbers. I've been contacted by BP members seeking stats to better understand the investing landscape here. Whether you want to invest in Phoenix, Scottsdal...
Hi,I am fairly new to all this. I was looking at properties on auction.com and noticed that there were homes that were non-bank owned. So I am assuming these properties are not in distress (foreclosure, REO, short s...
For those Denver Airbnb hosts (or VRBO hosts or short-term rental hosts of all stripes), I thought I'd leave a brief update here. I attended the Denver Short Term Rental Advisory Committee on Tuesday, and they had som...
I am starting my journey into real estate investment and would like to start building my team.I live in Toronto but would like to invest outside of GTA because of the crazy evaluation. There are several cities that I...
I have just completed my first deal on a SFH. I own some land but have never had a house before. Here's the way the deal worked, I paid $30000 for a house that was supposed to be partly rehabbed. My budget was fo...
Hi guys!I'm trying to analyze deals for house hacking (renting by the room) and am re-evaluating the way I calculate reserves. Currently, I use a percent multiplier by rent: 5% for repairs/maintenance, 8% for vacancy,...