Engelo Rumora
How I Completely Lost My A$$ On This Deal
G'Day everyone,It's your favorite Aussie and The Real Estate Dingo.I am writing to you today with my head down and my tail between my legs as I just lost $25,000 on a recent deal.ps. This post deserves at least 50 vot...
David Hodge
Looking for Orange County mentor to prove me wrong
My wife, @Sara Hodge, and I have been on BP for around 6 months now. We own our primary residence in Orange County, California, but due to the high prices, we decided to invest out of state. We now own two rentals (...
Peter Tverdov
Why commercial over residential?
I have an opportunity approaching in 2017 to buy a small MXU building ($500-$600k). I am running the numbers and between the high insurance rate and the much higher interest rates with shorter amortization schedules, ...
Daniel Ortiz
Best Towns/Cities to Invest in MA?
Hey Everyone, Interested to hear where people in Massachusetts have decided to invest and why?Dan
Martin S.
2% rule is bull
I cant find a single property that I would be able to buy in a half decent neighborhood utilizing the 2% rule. I looked in almost all of florida. Maybe a trailer park home, but then again, the land rental fee or whate...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Thomas Seay
San Francisco Bay Area Real Estate Correction
So how much longer can this boom continue around here? I live in Palo Alto, where I have my main residence. I own rental properties in San Mateo, Foster City and East Palo Alto. The one in East Palo Alto I only pur...
Nathan Gesner
Occupancy rates down in 30 of the 50 top markets. Where are you?
My 19,000th post and this is all I got. ;)https://time.com/6223185/airbn...A lot of people cashed out their equity (gained through pure luck) to purchase a short-term rental in unfamiliar markets that were over-priced...
Joshua D.
Contractors looking at it like there making me rich
So i feel and have heard comments about me getting rich while the contractors or employees do work for me which i feel isnt there business. They dont understand it and it makes me angry and mad but do feel exactly whe...
Nick Zito
Why do realtors hate putting in lowballs for you?
I’m not saying all, but the majority scoff at the idea of putting in a lowball for you. Does it give them a bad rap or something I’m not aware of since I’m not an agent? I agree in some markets it’s not appropriate b...