Looks like financial regulators have closed Silicon Valley Bank. This bank has high exposure to tech & venture capital, however I was surprised to see this headline so soon. I have seen several articles stating th...
This made me cringe...We've got mobiles rented in NorCal by people of very modest means and have been mindful of that.https://slate.com/culture/2019/04/john-oliver-mobile-home-rent-rolfe-last-week-tonight.html
Today we sent our investors a special update on the impact of Coronavirus to the Las Vegas market. I thought it would be helpful to share it here.
There are multiple canceled events and conferences. Hotel occupancy i...
Hi BP familyLiving in Louisiana I'm beginning to receive calls about people wanting to get rid of their flooded houses from the 2016 flood. I have never thought about flooded properties before so I decided to reach o...
Current eviction moratoriums are set to expire on 12/31/2020 - 01/01/2021.
What do you expect to happen after the moratoriums are lifted (burdening consumer debt, an abnormal amount of evictions, payments will resume...
Good morning!I have identified an 8-plex that I am strongly considering purchasing. This would be my first foray into multi-family of any kind and I want to be sure I'm not missing something. So far the costs that I...
This sounds like a purchase and then a lease option but I'm not exactly sure. I plan on bringing in a local expert but want to get BP's take on it.
Here's the details
owner needs to sell. lets say it's for 100-110k
...
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...