I have a new tenant that's been in our unit for a month. On her application she stated that she had no dog. We recently found out that she has a dog. On our application any pets have to be approved and that there is ...
I have an inquiry about our dog policy. She says she has 2 dogs. She's been sketchy about details, I asked how old and how big and she said, "1 and 3." After 2 more times of asking more specifically she said 75 lb and...
Correct me if there are things I'm missing, but here is why I think this situation is different for multifamily than any other recession.
This is not like any other economic crisis because the gov
immediately deci...
Any silver lining there. 100,000 creditors. 78,000 homes empty, population 700,000, down 1,300,000 from the glory days. 40% of the street lights are out, half the parks closed and over 100 schools closed. Highest crim...
Hi everyone,
First post here.
To what extent does real estate investing make sense if you have a highly successful career, and do not intend - or want - to make real estate a full-time career (as I've noticed many /...
BP,I am looking at a deal in a college town with an enrollment of about 12,000 people & a population of about 25,000 people. What are peoples thoughts on investing in college/university towns? IMO, our education s...
Economic Update
(Monday, May 10, 2021)
Are you making love less? I thought so. Apparently you’re not alone. According to the National Center for Health Statistics, the number of babies born in the U.S. dropped by ...
Hi BP-ers!Recently my REIA hosted a speaker from a firm who write self-directed IRAs. This seems like a valuable tool for investors but when I spoke to my accountant about it she said they could only be opened by indi...
Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...