Hello, I live in South Florida and have been thinking about purchasing a flooded property in south Florida. It is in a flood zone. But it is in an amazing location Close to the beach and downtown. The whole area got f...
A little Background: Currently 21 years old. Bought a foreclosure at 19 for $39k, remodeled for ~35k, just appraised at 100k (went a little overboard on the reno and it is overbuilt for current comps). We are in the p...
And two more big institutions go down today. Lehman Brothers is just plain dead. No buyers, I guess, unless the feds are willing to guarantee them. A Sunday trading session to let the big players unwind their posit...
The history of markets tells us that we will always have a crash.
This graph shows total consumer debt in the US since 2003
Housing crashes come from over indebtedness, this graph shows that US consumers have mo...
I have been following real estate for several years now and actively engage with real estate investors globally, both professional institutions and general portfolio managers. The common theme amongst those who buy an...
Reading Ray Dalio's book makes me contemplate some more about where real estate is heading. Looking back at the last 15 years everything seems so predictable. New housing starts grew year over year and well exceeded l...
A few active threads popped up on BP with the consensus being something like “hahahah Zillow lost a lot of money trying to flip houses…How dumb are they, lets all point and laugh’. Or lets make memes about them, becau...
Obviously only the stock market is currently being effected with the coronavirus, but lets assume in the near future the real estate market starts to feel the impact or we experience another 2008. I'm curious to hear ...