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Hi All:
My cousin was supposed to close on a conventional refinance in a few days. The lender is claiming that he had a foreclosure where he co-owned a property with someone and was on the title deed. Since the fore...
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The population in CLE has been declining since 2011. How do current CLE investors feel about this and what’s your outlook on the future of CLE REI?
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I've been researching Cincinnati, OH as a place to invest for buy and hold rentals. I'm planning to purchase a multi-family property, but I'm getting conflicting reports so thought I'd reach out to the awesome bigger...
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Another leading indicator of purchase activity: mortgage applications. Average purchase applications in April and May have moved lower. As of 2022, over half of millennial households were homeowners, which still leave...
Lets say you can purchase property at a "nice" discount under retail value, as in 20-40% under market value...simply being in the right place at the right time. Ok, its a bargain. Now, if you intend to lease this pr...
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Hello everyone,
I've yet to make my first deal and have been scoping out a couple of fourplexes in a neighboring city. The upside is the cash flow- about a thousand a month- on the properties but the downside is the ...
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👀Multifamily real estate was relatively resilient during the 2020 recession, with a smaller drop in investment volumes than most other mainstream asset types. The sector’s investment appeal was characterized by its so...
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Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
I know a lot of BP members invest in these areas. The COC returns look great, but does the population loss worry you in regards to future rental demand? If not why? I'd love to hear some impute from the Ohio investors...
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I just had four consecutive applicants apply for, pay for their credit check, pass screening, and then decline an one bedroom with den apartment.. (This is why I don't pay for the credit check). Here were their r...