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I have been reading a little bit about the minimum wage battle going on in Birmingham and was curious if anyone had any insight as to how the sharp raise in minimum wage in a short period of time might affect real est...
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Gross Rental Yield: annual rental income divided by my property’s value/price (multiplied by 100 to get the percentage). Where Property's value/price is comprised of the purchase price, all closing costs, and any ren...
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To those of us who have FHA loans, this could mean a decrease in your monthly mortgage payment.http://in.reuters.com/article/2015/01/07/usa-housing-fha-idINL1N0UM18T20150107The Federal Housing Administration will redu...
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Good Afternoon, Ive been listening to bigger pockets for a while now and decided that now is the time for me to begin investing in real estate. I current own a home thats worth 167k.. i bought it for 133k and have liv...
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I have a private landlord that wants to package 8 homes to sell as 1 transaction. All of the homes have tenants and are in great shape. New roof, totally renovated, and have new furnace and hot water tanks. I have mar...
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Hey guys! Forgive the newsiness, but I would love your thoughts on taking out a home equity line of credit on a primary residence in order to cover downpayment/closing/rehab costs on a quadruplex. This would be my hus...
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Hi all,I am looking at some CRE and seeing that the Cap Rate in the range of 5-7%. Mortgage interest rates are around 7%. In this environment how are people doing the deals? Is it working only for cash buyers? I am wi...
I just came upon some cash and was wondering if it would be better to pay off my 2 auto loans ($55K @ 3.00%) to decrease my debt/income ratio and therefore allowing me to borrow more money. Or, take that $55K and p...
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I'm having trouble with the ROI on my marketing as we (I feel) near the top of the market. Everyone knows good deals are getting harder to find even if you change your strategy up a little. So the question becomes, ...
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Does anyone have an opinion about buying property where a high profile media event has taken place? An example would be a home where a police incident has occurred. Is it ethical or even a good idea to attempt to b...