Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
I'm new here and analyzing the economics of buy and hold real estate here in the bay area. In most of my calculations, the best return I can achieve is about 6-9% annualized return for a 10-30 year period which is qu...
See first to understand the context of this post here: https://www.biggerpockets.com/forums/44/topics/251...I want to see homeownership evolve to fit our current lifestyle and desires. Will home ownership in its prese...
I had a tenant who asked me to set up an online payment service for her or her father to make rent payments to. Her father is from California.I set it up through my QuickBooks software using the Intuit Payment Networ...
Hey BP San Diego,
I just wanted to post on here to see what the general BP San Diego consensus is regarding the coronavirus and current investing in the SD market. It still may be soon to tell, but I've noticed that ...
This is unprecedented. Once in 4-5 generation event.
I had multifamily that I was supposed to close on next week in Springfield Massachusetts. It was a great BRRRR deal given the hot market conditions. All in with re...
My team and I sold our first flip today!Started diving head first into real estate in the beginning of 2018 and haven't slowed down since. We found this deal from a DM Campaign. After a few campaigns with no results, ...
Let's say you have 5 properties that - due to economic and job market conditions in the area - only command enough rent to barely cover mortgages, insurance, and taxes. Nothing left over at all for maintenance, repa...
Here is the link: http://finance.yahoo.com/news/10-most-overvalued-undervalued-housing-131550950.htmlAlso from the article:The most overvalued market in the U.S. was Austin, Texas (overvalued by 19%), followed by Los ...
I always hear folks saying Seattle is not landlord friendly, so I should not buy an investment property in Seattle. But reading up on the tenant/landlord rules, I don't really see any concerns. What is everybody worri...