One thing I've been trying to do yearly is predict my local market (DC/Baltimore). Even when you are wrong, I always think it's a good exercise to figure out how to think about your local market (where your blind spot...
Hi all,I am a newbie in real estate and getting to learn from BP. I live in the bay area, CA (on rent) with my family. Home prices here are so high, more so in good school districts, I cannot afford (my be I do not wa...
Hey Everyone,My wife and I are managing our first property and are having an extremely difficult time getting tenants. It's 12 units of lofts in a great area, walking distance from one of the most popular downtown hot...
So I have been going back and forth on a bank owned foreclosure. We keep making cash offers and they hardly budge on the price. After a month of going back and forth they finally told use "Highest and Best" as they ha...
Hello,I have a property under contract and decided to raise private money to fund this deal. I found an interested investor and we agreed on terms. Loan will be secured by deed, no points, monthly payments deffered un...
Hello everyone. This is another Morris Invest Case study. I'll start at the beginning and do my best to lay it all out. Please feel free to reply with any questions or comments. In early 2017 I discovered Morris Inves...
One of my coworkers 96 year old grandfather had her go online and apply for a tax delinquent property in his neighborhood (North Birmingham). It has been empty for years. Story is the owners got old moved in with thei...
I'm doing some due diligence on a multi-family, and the proforma expenses are running at 71%. :wowie: I'm pretty sure the expenses are overstated, and I have my own ideas about where they're too high, but I'd appreci...