The area: Sandusky, OH 44870.The local economy: tied to the seasonal fluctuations of Cedar Point, an amusement park. Most major blue-collar jobs have left leaving a primarily services-based economy around Cedar Point ...
Jan 2023 I purchased a property in Cape Coral, FL. I purchased for $395,000 and rehabbed for $70,000. I took out a hard money loan with Kiavi for one year. I put up for sale with no bites then transitioned to a STR...
Today we got a little house under contract and it will be our first short term rental. Over the last few months, I have read countless posts on BiggerPockets about how short term rentals have been struggling with canc...
Hello BiggPocket members,I have 2 bedroom rental in South Florida that rents for $850.month to an Old lady.See called me last week complaining about a mold smell in the property.I dispatched a Handyman that came back...
With my burgeoning interest in real estate I decided to join Bigger Pockets to hopefully surround myself with people with whom I can talk about this business and maybe even work with in the future. In real life I'm su...
The role of the Appraiser is an odd one: Way too much art (opinions) and way too little science (data-analytics), with way, way, way too little accountability. While the world embraces tech tools to automate workflow...
Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
If you saw the news this morning JOBs report is not as good as anticipated.I dont know about other parts of the country but when I went to a Panda Express to buy MIss Lori some lunch big poster for hiring15.50 an hour...
Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...
Hello BP Community! I'm writing this post to begin chronicling the learning experiences we've had so far in the purchase, renovation, refinance, and renting out of a multi-family property in the city of St. Louis. I'm...