I've talked to a homeowner who inherited a home from her mother, hasn't paid taxes since 2008, and doesn't want anything to do with property - no profit from sale at all, just wants out. Per the tax lawyer the taxes a...
Hello Everyone!!I suppose it is time for me to stop reading all the posts and introduce myself. My journey into R.E. came to be in 2005 at 20 years old. I had become a Land surveyor in San Diego, California and was in...
Hello everyone, I am a newbie to all of this but I have been doing some research for some time now. I am leaning towards multifamily properties, duplex or triplex. I live in Minneapolis Minnesota and I want to soak in...
What's up BP community. I just bought a property that literally 2 days after we closed on it the tenants informed us that the city had cited the owner for lead based paint, and that it had to be remediated. The owne...
Here is an interesting article written back in 2008. It theorized that we may end up with a deflation, which in turn leads us to a hyperinflation.
This is basically what happened in Germany between world wars.
http...
Economic Update
(Monday, July 20, 2020)
In a previously unimaginable turn of events, the ...
Hello all.I've been a member of Bigger Pockets for a few months now but this is my first post. I have always been interested in real estate and now I believe it's time for me to actually set goals and milestones for m...
I purchased a home at an Ohio Cuyahoga County Sheriff's auction today for $46k. The comps are in the $110k area. The liens and taxes look good on the auditor and clerk of courts website. Nothing that wont clear up wi...
I would like to hear from several of the historians here that went through the most recent housing collapse back in 2007 through 2010 regarding what happened to their buy and hold strategy in that kind of environment....
Economic Update
(Monday, June 22, 2020)
The recession that started in March was the sharpest downturn since the Great Depression. As it turns out, it may also be the shortest. This doesn't mean our economy is ...