In July, my business partner and I put a single family home in a B or B+ rural neighborhood under contract for $140K. The owner was a widowed elderly lady who was living in a nursing home and her children were left w...
Velocity of money is an economic term that refers to how quickly money changes hands within an economy. It's often used as a key metric of an economy's health. The faster a dollar gets spent, then re-spent, and re-spe...
Good Afternoon! I have experience with 2-4 unit residential but working on transitioning to focus my investing in bigger unit buildings and I have a few questions on a property that came across recently. It's only a...
I'm considering going from First & SD to First, Last & SD after speaking with a fellow buy hold investor. He said he has had no trouble and people generally do what it takes to get the rental. In my marke...
Hey all - I was curious about your thoughts and predictions for the real estate / housing market for 2012. What do you expect? What will things look like for investors and traditional buyers/sellers?
I'd love your ...
I have been saying for a while that I don't foresee the mortgage forbearance and foreclosure moratorium turning into a foreclosure crisis. There are three reasons:
1. Some people have the money ,but took forbearance ...
Sorry if this has been asked before...maybe I'm not using the correct keywords.I am confused about the mortgage interest tax deduction. I understand that it allows the interest on a mortgage loan to be deducted, but h...
I am looking at a4 family in Bondhill (neighborhood of Cincinnati, OH). The neighborhood is NOT very good. Not dangerous, but not desirable. Both building are owned free and clear. There are close restaurants and ...
Hello,
Has anyone started their REI with commercial property purchase? I spent some time talking with my grandfather, who built his wealth with SFH working up to his building his own subdivision of homes then commerc...
Where is the best place to invest in Canada? I've heard a lot about Edmonton and the oil sands areas, but I'm wondering if there aren't some other hidden gems out there that you guys could recommend?