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Demand for houses continues to skyrocket, according to a report from Redfin CEO Glenn Kelman. Seasonally adjusted demand for houses during the week of June 1 through June 7 was 25% above pre-pandemic levels. Kelman sa...
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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 ...
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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...