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Hey Everyone!I'm purchasing a small 60 room economy hotel in Rochester, MN. Current management team is not functioning effectively. Anyone could refer me a good management team so that I can manage remotely from East ...
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I’m still new I haven’t completed a deal yet but there is the fear of the current state of the economy and the fact that it seems like it might be hard to find a deal right now with many offering over asking price in...
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Hello!
I've been a SFH investor for about 2.5 years now with only one location/door. I had to put a pause button on saving for real estate investments while my wife was not working. But now we're back at it. My goal ...
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We looked at an REO earlier this week. My fiancé and I previewed the property determined it needed light rehab, flooring and paint, ran the numbers, and they worked for us. It would cash flow but we ultimately decide...
The economy crashing is obviously something people will have to worry about in this business. How does the economy in a time like 2007 impact multifamily rentals, though? It's obvious how it would be negative for peop...
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There are many ways to PROSPER in a down economy. For NEWBIES you and only you can overcome the FEARS that you have whether they be CASH, CREDIT, or BOTH it does not matter. I have been reading many blogs, websites,...
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I'm not a flipper, just a buy and hold investor. But I'm curious to hear if people are flipping homes and seeing a good profit. I'm seeing fixer upper homes get 20 offers and sell way above what it should be. That lea...
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My wife and I operate a house-hack duplex at Carolina Beach in NC and started doing really well. Currently on track to do 57k in gross rents in our extra 3/2 unit. Because of this, we started to scale, partnered wit...
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Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
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This video is spot on and has a good dose of humor to it. Anyone else think this sums it up?
http://www.ibtimes.com/articles/20100529/world-collapse-explained-inminutes.htm