Hi BP, when I open any forum or social media the hot topic is upcoming housing market crash. But I don't understand what does "CRASH" means in real state. Is it like stock that will go down 30-50%? Looking at the hist...
Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
Seriously, everyone around here invests like rents are guaranteed to go up forever, do they?Has anyone ever experienced a declining rent environment? what caused it?
I’m looking at purchasing a property in Minnesota and it may be possible to buy it subject to the existing mortgage. I have done a bit of searching about this on here and have not been able to find a consolidated thr...
I know this subject has been discussed numerous times in various threads on BP, but I'm going to bring it up again.
I am looking for feedback from anyone that has gone from investing and managing their own properties...
I am a physician. For years, I owned and self-managed or had a property manager for up to 5 SFR at a time. After a divorce, I sold all 5 properties and made money (1 was basically break-even). However, managing was ti...
Hey everyone! Just bought my first property in May and looking to get into the next one soon and my question is: If I have my money in a Whole Life insurance policy and borrow against that for a down payment would tha...
While re-reading one of my favorite books Rich Dad Poor Dad, I came across a powerful quote that speaks directly to pessimists and those influenced by their inactivity."WARNING: Don't listen to poor or frightened peop...
So to keep a long story short, I have been working with a few mentors in my area that have been helped me to step my game up. Not only do I get their experience and advice on deals, as well as partnership, but I also ...