With the uncertainty of the current state of the market, curious to hear people's thoughts and perspectives on BRRRR'ing given it hinges on ARV. With rates continuing to increase and home prices dipping, are you still...
Economic Update
(Monday, May 17, 2021)
The Centers for Disease Control and Prevention now declares fully vaccinated people in the United States can safely resume outdoor and most indoor activities without a mask. ...
Hello, I am just starting studying in real estate. My goal is financial freedom in few years! Now I don't know what will be wise with my property in current situation. Any advice will be greatly appreciated. So, my ...
Cash on Cash ROI seems to be a popular metric but to me it seems deceptive. It appears to give you a temporary boost based on finding good financing. However as the loan is paid off your return becomes lower and lower...
Hi all,
I'm a first-time homebuyer residing in Bergen County, NJ. I have been going to open houses and analyzing 2-unit + attic/or basement multi-family properties ($400-$470k) for the past 2 months. I'm looking for ...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Oakland.
Purchase price: $640,000
Cash invested: $640,000
5 Unit Apartment in Oakland California. Purchased at a sheriffs a...
Hello BP family,I have a unit in one of my quadplex for rent. Property manager put the listing live on hotpad, zillow, trulia (etc) last week. She is going to put it on facebook and cragilist later this week.This is m...
I know that opening a new line of credit will hurt my FICO in the short-run, but will raising my credit limit on an existing credit card have the same effect? Would it count as "new credit"?
Safe to say home prices in the near term must rise?! It’s impossible to build new construction right now, without paying a serious amount more for the lumber. 2x4x8 is around $7 and 7/16 osb is $24! Prices have NEV...
Hi there everyone!
Do mortgages with escrow built in just increase randomly? Is it due to increased taxes?
My wife and I had our mortgage increase by quite a bit this month, due to unanticipated escrow increases. I ...