Just under a month ago, I closed on a 4plex in (East) Oakland, CA in the San Francisco Bay Area. It was a HomePath property that had been on the market for just over 6 months, and was able to squeeze in with a convent...
I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?
What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...
After paying my contractor 35k, I found his interior work was pretty shoddy. I already had a few issues with the contractor I pointed out and ask for discounts or refunds, but none were ever given, they just acknowled...
My wife and I have been househacking for 2 years in Southern California and have been able to completely cover our mortgage in our 4bd SFH! I want to share as much learning lessons as I can so post any questions you h...
I want to hear your most basic thoughts about buying properties with visible foundation problems. I understand there can be a huge spectrum of problems with consequences varying from "can't play a fair game of marb...
I understand that finding the "perfect" buy & hold property is rare. I understand the concept of analysis paralysis. I even have a quote sitting on my desk right now that says "Every successful man I have heard of...
Purchasing a 6 unit property in Maine (cold, snow), 3 separate buildings, that has separate oil furnaces for each unit. All of the furnaces are 20+ years old and the tanks are corroding. There is no natural gas in t...
Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...