After a period of low interest rates that fueled housing market, the Federal Reserve is meeting on March 14-15 with the stated goal to raise the benchmark interest rates from near zero. Many are saying that this will ...
I want to get the BP community's take: Where do you see multifamily being in 20-30 years time?Many of us on this sub-section have either gone into or fallen into multifamily investing exclusively so I believe it's wor...
So I’m planning to move 1,000 miles away from my hometown in approximately two years. This move is a dream for both my fiancée and me, so it’s not something we'd reconsider. I’ve been actively making offers on duplexe...
Hi All!
As we kicked off 2022 – the median sales price for luxury homes in the Phoenix Area alone increased from $1.04 MILL in January 2021 to $1.1 MILL in January 2022 and the average days on market is only 34 days ...
I am looking for some advice on how to proceed with my current situation. Back story:I purchased my first and only investment property in 2017 using a 30 year conventional loan with I believe around a 5% fixed interes...
I’ve been told twice now that using my primary residence as my first rental property would be a good move. I’ve thought about it and I’m starting to agree, I would just like some feedback on the approach I want to tak...
I recently received a notice from my insurance company that my landlord policy was canceled on a newly acquired rental property. The property was bought from a sick family member who quit claim the property to my wife...
Yesterday we discussed the overarching market trends according to CoreLogic’s Chief Economist Frank Northaft who presented his market overview in Manhattan this week. It was a very thorough analysis that pointed to br...
Hello,I am a first time investor. I was originally considering house hacking with a multiplex (and I have over six figures I could put for a down payment) in Philadelphia but it seems that the only places where I coul...
Can you buy a house in another state and stay in your family's house for the time being (until after you qualify for a mortgage)? I am asking this because I do not have a job lined up in Texas (where I am planning to ...