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A little background..... I live in Brooklyn with my wife and 2 kids. We love real estate but find ourselves priced out of our local market. We own two out of state SFRs that we bought turnkey and they are performing w...
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Hey guys. I hope all of you are doing well. As always, I'm signing into BP to ask another question I can't find a solid answer to anywhere else on the internet. I respect all of you highly and all of you're opinions a...
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My wife and I are looking at a potential rental property located on a major highway. By major I mean there is a lot of traffic, but it's still only two lanes. For our area, the home seams to be priced right. It'...
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I am currently apart of a multi company business consisting of a construction company and an investment company located in the Grand Rapids/Kalamazoo Area here in Michigan.
Sincerely,
Andy Lethcoe
(Michigan Investor)
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Now that there’s so much talk about about a market change and 2008 might happen again is it a good time to become a RE agent since people are going to want to sell quicker or it’s not a good time ?
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Is there a super spreadsheet or software out there that can handle things like:-Vacancy of single units in a multi during a rehab and the associated costs (utilities during rehab)-Projected capital expenses at a speci...
I bought my first home 3 months ago and have the opportunity for a job i really want that pays 20% more but in another state. Would moving and renting out my house break the terms of the mortage? My brother said it wo...
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9/11
Financial Crisis
Pandemic
1987 market collapse
Ok, so wildly average about every 10 years or so. Some kind of collapse. So it seems prudent when making your business or job or retirement or vacation rental p...
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We have seen a huge increase in the number of foreclosures in the past 4 months. I believe it is a combination of not only sub-prime and ARM mortgages, but also the high number of people who have gotten loans with int...
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How is activity out there for everyone? We have seen a complete drop off particularly in the $175-200K range.
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