Brandon Ellis
Don't quit your day job?
Let me start by saying that I discovered this forum a few weeks ago and can't get enough. I feel like I have gained about 100 mentors overnight, and all I wanted was one.
My question is for seasoned investors who, a...
Bienes Raices
Mortgage was sold to Ocwen--what to expect?
The mortgage on my personal residence was just sold by GMAC to Ocwen. I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mis...
Benny Morfas
Buying a 4-plex for under $30k.. but in a class D area. Worth it?
Hi everybody!I thought I’d turn to the forums because I saw an interesting deal, but there’s some red flags. Since I’m relatively new to real estate, I’m hoping some more experienced people can guide me in the right d...
Kai Van Leuven
Cashflow: BP most MISUNDERSTOOD term
I read too many posts from investors about "cashflow per door" or "that house does not have a positive cashflow", ect. I feel like the prevailing thought is that it is about "cashflow", singular, when real estate inve...
J. Martin
Recession & Job Loss Predictor: Leads by 2.5 years!!
As I was poking around at the relationships between jobs and potential predictors of job losses, I started looking at a mathematical representation of something less quantitative, that we are all familiar with. This s...
John Collins
Manhattan’s empty apartments: New leases plunge 62% in May
https://www.cnbc.com/2020/06/11/manhattans-empty-apartments-new-leases-plunge-62percent-in-may.html
“The supply of available rental units continues to accumulate,” UrbanDigs said in its report, which looked at all ...
Ted Harris
Should U Send Your Kids to College?
What if your son or daughter isn't sure what they want to do? Can you afford to spend $100k+ to educate them .... is it worth saddling them (or you) with so much debt that it will take years to pay back? Has college ...
Account Closed
WSJ article on impending CRE bubble
Not really treading any new ground here, but interesting read in the WSJ this morning. http://www.wsj.com/articles/surge-in-commercial-re...We've got a number of clients active in South Florida (Miami) and they (and ...
Sophia Boro
Why do some investors allow unpermitted work?
There are obvious benefits to acquiring properties that have permitted work, but I want to see if anyone can explain why some folks allow unpermitted work. My curiosity includes how timeframes are affected, the listin...
Fas McO'nen
Breaking into my own property!! Am I breaking the law?
If you've had a similar experience or are a lawyer I'd love to hear your thoughts. One of my properties in Indianapolis has a squatter, who basically broke into the house when it was vacant. He changed the locks and h...