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I happened to run across a message from someone looking to sell a near 50 unit apartment complex in my town off mls. We spoke briefly on the phone and he said that he would prefer to meet in person, so we scheduled to...
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Curious for those who are active in the space.Do you currently see it as a buyers or sellers market right now?Do you think in 90 days this will have changed? Love to get your feedback and opinions.
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I have been researching real estate cycles and found real estate economist Homer Hoyt theory of 18 year real estate cycle in the 1930's. In the early 90's economist Fred E. Foldvary predicted the real estate crash in ...
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A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...
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Here in Orange County, CA we are in the middle of a sellers market, with sales at the highest level in 9 years. Inventory is down, prices are up. There's also been an uptick in new jobs with many companies hiring, whi...
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Looking to make my first offer on a multi. This is an 8 unit, C-D class, concrete block in Florida. Half the tenants are section 8. Five tenants have been there for 10 or more years. One tenant has been there for 23. ...
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Do rental rates usually fall when interest rates increase and home values decrease?
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All of our rental agreements are month to month. To incentivize people to stay longer, we charge a move in fee that can be added forwards the refundable deposit if they stay over a year. Example: rent is $1000, move i...
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I keep hearing about cash flow and I've been beating myself up because my condo rental has only $39 cash flow each month. The property is in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 2...
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I just emailed a remodeling company asking if they act as GCs on house rehab projects. They come highly recommended and are a Five Star Rated (by Home Services Review) company. My email said, "I'm a RE investor in t...