Amazed at how fast the market has shifted. It seems like many flippers in the Scottsdale/Phoenix market are getting caught naked as the tide goes out as Warren buffet says. Was looking at an auction property on the ...
Large crypto lender Celsius filed for bankruptcy. This is huge news and a major blow to crypto. All investors, real estate or otherwise, of any experience level have something to learn from this.A massive crypto inves...
Did investors lose rental properties during the 2008 recession at a higher rate? And if so, why? I understand that jobs were lost and housing became much cheaper but if the properties were being rented, why would they...
As a Realtor in the Denver market, I track where our markets numbers are on a daily basis. With the rise of rates, home prices have fallen, just like most places. I'm not so curious on where rates will go, because n...
I am in the process of closing on one of my investment property. It's conventional financing 30 years fixed @ 5% on 20% down. Interest rate was locked when initiated the application couple of months back at 5%. Now ra...
Hi all, I own a unit in such a condo, HOA and owners received offers from developers. My intention were to retire in that unit. 1) Will I have to sell if majority agree and more forward do sign contacts? 2) Any nego...
So far this December appears to be the highest monthly gross I’ve had booked for my Smokies honeymoon cabin. It’s 20% higher than July, for example, and is narrowly beating out October. Wanted to share since there are...
Hi BP CommunityI kept reading the news that 3D printed houses are taking off (first in NYC, now in TX). See below link. How is this going to affect the house price? And what actions should we take now? https://www.goo...
Fix & Flips are always risky although they can be quite profitable if done properly in a high growth rate place like California. The average Fix & Flip runs 6 months from the time you buy the property, to fixi...
Hello Everyone!
I just got out of a Legacy education class and the instructor brought up the intetesting topic of convenience checks. He said you would write the convenience checks to yourself for the maximum amount...