I've been noticing a lot of inventory for beachfront condos in Myrtle Beach and North Myrtle Beach. It also seems like a lot of the condos sit on the market for 3 months or more. Just curious if anyone is doing STR's ...
Hi all,
I need the brains trust together on this one. I am looking at a rental. The owner who inherited the house awhile back wasn't quite sure what to do, so she leased it at $500 a month, market is $1400-1500 a mo...
Hello, My name is Dan and I'm new to Bigger Pockets and to real estate investing. There aren't many great deals in my area so I'm thinking about investing out-of-state and using a property manager. Where in the US can...
Hello,
A little backstory on my situation. I inherited a fully paid off single family rental property in 2019. At that time, we decided to leave it as is and continue to rent to the long term tenant. He passed last m...
When does everyone think the market will start dropping and for how long? I work in the San Diego Market, and we haven't seen any sales comps yet to support depreciating prices. I believe that since interest rates are...
Anyone one else experiencing a decline in the quality with USAA Insurance?
Twice now I have been quoted a price based on a 30 minute discussion of property details only to have the rebuild cost go up 20% a month or t...
The recent Federal Reserve meeting has sparked much discussion, particularly around the rate changes. It's essential to understand the broader context of these adjustments and their implications. Here’s an analysis of...
Obviously a wise person would put away 6 months to 1 year of operating expenses for any property. Assuming that one did this, when following the 50% rule, is the property then labeled "self-sufficient?"
If this is t...
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...