I'm a in a great spot, yet somewhat stagnant. Like many others here I feel the market is pretty expensive right now and that a correction is near. I own a small house in Santa Barbara, CA that now has about .5 mil of...
Hi all,I'm under contract on a single family and I will be inheriting the tenants. A husband and wife, and two daughters have been living there since August 2017 and they take great care of the house. They want to st...
I am starting to invest in Class C neighborhoods for the first time. (Previously stayed in Class B and above)What are some recommendations for screening tenants and rent collection?(Bigger deposit? Background Checks?)...
In my field (counseling), I've been working for almost 20 years. While the salaries have been low, up until this year when things really spiked, the retirement plans and money able to be set aside was just embarrassi...
Hi- Just wanted know what investors are experiencing in terms of cash flow while using 50% of gross rents. Are you TRULY finding properties that produce gross rents equal to 2% of the properties purchase price??? ...
National Association of Realtors Chief Economist Lawrence Yun recently wrote an article stating that we're in a "Bizarre Market" in which he stated "With a strong economy and the lowest unemployment rate since 2000, m...
Hi guys,There was a great topic on the real estate predictions. I cant find it.What do you think will happen with the real estate prices? Now the interest rates are 6.5% I see some prices are dropped may be 15K but st...
Starting this thread after reading through the "Austin is Hot" thread. After reading that thread, the Austin atmosphere looks similar to California. I'm a California investor and certainly a dearth of deals out ther...
Hi BP veterans,
I’m a newbie on BP. I live in CA where I think it’s just tooooooo expensive to invest right now. I would like to know what cities you think have low prices and high rent so I can get the best return. ...
Hello, everyone!I'm a new investor that was keen on getting into the real estate market in 2021. As I'm reading more and more I'm seeing a pattern of belief that we are headed toward a real estate crash. Unemployment ...