Nathan Gesner
What's going to happen to NY City?
There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...
Osazee Edebiri
California Vs Out of State (really, but why?)
I think the constant discussion of California vs anywhere else is intriguing. So I pose a question. Hypothetical, if a person had a 2 million dollars to invest, they purchased property with 1 million in California an...
Ruben Parra
The great California vs Out-of-State debate
Hi BP members!This is just my second post and it feels great to have received such good feedback and support.Since I don't usually carry around $100K in cash, my southern California backyard market can seem a little i...
Timothy W.
What if there is no housing "recovery"?
One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...
Laith Ali
can you come up with $400 in an emergency
Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
Mindi Rosser
Best car for new real estate agent?
I'm nearing the end of real estate school and will be taking my state exam in mid-July. I've been reading @Scott Trench's book, Set for Life, and I'm bought into the concepts. The problem I'm having is... figuring out...
Tony Wooldridge
What is your FREEDOM number (#)?
I am a relatively new but very active newbie to REI. I have purchased my first investment property which I am in the process of flipping right now. I listen to BP Podcast in my car on my commute to and from my 1.5 h...
Terry Lao
Las Vegas #2 best on Case-Shiller Index of 20 largest city metro
Recent article from the LA Times showcased nearby San Diego as the number #3 city for largest year over year price increase at 7.8%. See article link http://www.latimes.com/sd-fi-case-shiller-august-2...Did you know t...
Bao Nguyen
Financial independence from passive rental income: how long does it take?
Like many other real estate investor, I seek to buy and hold real estate, and enjoy the cash flow and any possible appreciation. However, since my target properties are lower end properties that often requires rehab...
Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...