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Will Millennials destroy multifamily market when they buy homes?
We know the multifamily market is on fire, largely due to low interest rates, plentiful debt and equity, and demographics. The largest group of millennials are currently 24 and 25 years old and in their prime renting ...
Bill Gulley
LONDON 2012, Place Your Bets Here
Who is your favorite Olympic star, your favorite sport? I caught the cycling this morning for a big surprise with the US taking 4th. Women's Volleyball just nipped past Korea, rated #2 behind the US, guess that's the ...
Manuel Sarabia
What happens if my apt building burns down and someone dies. How screwed am I?
Just saw on the news that a nearby apt from mine burned down and resulted in one death. Sucks for all parties involved but now its got me thinking it could happen to me. I have the place insured but something tells me...
Patrick McGowen
Replacing a Deck for B/C Class Rental: Trex or Wood?
You don’t have to read all below to weigh in as it is kind of a ramble, my core question is: what to use for decks in rentals comparing wood (redwood for example) and Trex or similar plastic decking. Trex is a recycl...
Frank Klein
if you are waiting for the right moment to start, its now
“Success means doing the best we can with what we have. Success is the doing, not the getting; in the trying, not the triumph. Success is a personal standard, reaching for the highest that is in us, becoming all that ...
Chris Horton
250k into 1mil loan investment suggestions?
I just sold a house bought in the 80s in South Florida and now have 250k that I need to 1031 exchange into something else in 45 days from August 31st.
I know the markets are tumultuous and ever-changing at this momen...
Ashley Budyak
Investing in real estate with less than 2 years of full time work
What is some advice for someone like me (just graduated, does not have the 2 years of full time work) who wants to invest in real estate in the next year, but will most likely either not get approved for a loan or wil...
Derek Olmschenk
Financing a LLC in Minnesota
Hello BP community! I am just starting out my real estate investing journey and need help with recommendations for financing. My plan is to use a LLC to own a rental property. From my understanding (and please correct...
James Syed
6 Unit Apartment Building, Is it a good deal?
Hello BP, I am interested in buying this 6 unit apartment building. 6 Unit Building, Each unit is 2 bedroom 1 bath, 725 sqftTotal rent $3400 per monthTaxes $459Insurance $250Repair & Maintenance $300Cap Ex $150Vac...
Brandon M.
Another reason you should have a property manager
backstory: bought a house in Charlotte, NC with 100% financing back in 2006, lived in it for 3+ years, became rental after that. No equity so can't sell. Property became vacant a few months ago, I now live in Clearwat...