I apologize if this is a newbie question and for the provocative title :) In David’s book Long-Distance Real Estate Investing, he says its beneficial to find an agent who is also an investor in the area. I understand ...
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
Professionals and fellow-investors,I’m running a blockchain real estate brainstorming group...Can you help me out with answering the following questions:What are aspects to your job that you don’t like, specifically w...
Hey everyone!
My name is Melanie Stephens and I write the “Biggest Mistakes/Lessons Learned” column for BiggerPockets Wealth Magazine.
I am looking for BP Member stories for an upcoming column on Biggest Mistakes ma...
I've been a landlord since 2006. Up until now I've never had to evict a tenant. I've had people owe me what I would consider decent sums of money however always treated those tenants with respect from our first inte...
For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
I am thinking I won't have to wait for more than 1-2 years... Your thoughts?Most of my coworkers, especially those in the early 30s, have bought and have a mortgage that is $10K in monthly PITI... Tough.....Any job lo...
Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
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...