On Tuesday, August 13, the Sacramento City Council will likely vote to enact a rent control ordinance. Here are the highlights:- Landlords will be prohibited from raising rent more than 6% plus the “consumer price ind...
We are buy and hold investors primarily seeking cash flow that we live on. We typically buy SFR fixers and do some "forced appreciation". Our portfolio is still in the growth stage and we would like to acquire a few m...
I am currently saving for my first down payment on a buy and hold real estate property. I'm using Barclays with their really high 1.5% APY savings account. A lot of people will argue that if you are saving for a down ...
Since December I've ran into a few problems while trying to invest. The biggest problem was me not wanting to invest in California because of our market. I'm now past that and very close to diving into my first purcha...
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
Blood bath is dramatic, but hoping to get some conversation going on this. lol. Homeowners across the state of Texas are getting jaw-dropping tax notices in the mail this month. Huge reassessments of value on their p...
Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Hello all. Apparently, the best terms on an investment property are currently 5.25-5.375% with 25% down, and 5.75-5.875% with 20% down, this is with a 740++ credit score. 30 year fixed. This is what a reputable lender...
I'm fairly new to this forum. I poked around on here a few years ago. I currently have over 20 units. I'm a school teacher also. I have been doing this for about 15+ years. Does anyone have advice on who to talk ...