I currently live in the Bay Area and am looking to invest in a "buy and hold" rental property. Since home values have skyrocketed and properties don't cash flow in the Bay Area, I have looked to surrounding areas in ...
I'm looking at property in the state of Oregon, which has had amazing appreciation but poor (starting) cashflow. Basically the only properties I have found that break 1% are in rural areas, or dumps, or both.
I'm loo...
A lot of this may be obvious to some of the readers, but I’m going to mention it anyway.I own other property in New York and Miami and incorrectly thought that this qualified me to do a flip. Initially, I had thought...
I know we're all read about the 1% when it comes to real estate investing. For those who don't know what it means, it goes like this - A property that costs $100,000 should rent for at least $1,000 per monthA propert...
Do you hesitate to answer when someone asks you what you do for a living? Do you hang your head when the naysayers label your industry as a bunch of vultures preying on the innocent, trying to steal houses from littl...
Hi all,
My wife and I purchased a home 7 years ago (at the high point of our market). We still owe more on the home than it is worth. We are considering moving and I am trying to analyze each option. My 2 ...
Two days before rent was due my tenant asked if I had been at their house the night before because the garage door was up and the light upstairs was off that they usually leave on. I had not and suggested that the ga...
Hello BPers,I recently met with an experienced realtor who worked for a larger RE brokerage in Arizona that after a decade or more experience remains under the impression that a (non- licensed) investor cannot pay a...
Hi All - Trying to collect facts here (instead of ideas/opinions) from all the people who have achieved Financial Independence. I can believe some are lucky and capable of picking the right move right from the get go ...
I am under the impression that an investment in a property in a college town will have instant demand for renters. Is this a fair mentality to have when assessing whether to purchase a property in a college town? In a...