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I have owned a 16 furnished room (dorm style) rental property for 14 years and never had a tenant do this. We rent the rooms for $395 per month and it includes power, water, sewer and garbage service. We keep the A/C...
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So I had a studio that happened to come on the market 3 days before the corona lockdown...Just finally rented it out after 45 days on the market....at $200 below asking....Was asking $3000...
What is even more weird ...
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cc: @James Hamling So today is very interesting. Job market is extremely robust that we add 300k jobs than 150k predicted job. In theory this should not be good news because then Fed would have reason to keep the inte...
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I apologize in advance for the long post but I want everyone reading this to have the details. I have a turn of the century triplex in old town that is fully occupied. My sewer line for this property exits out the ba...
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I have been saying for a while that I don't foresee the mortgage forbearance and foreclosure moratorium turning into a foreclosure crisis. There are three reasons:
1. Some people have the money ,but took forbearance ...
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I had my house on Zillow as FSBO and this snakey agent had a buyer but all along the way would say disingenuous things to get the best deal and take advantage of me the whole way. We ended up under contract and during...
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Hi All,
Closed my 1st deal from the the 1st 1,000 mailers I sent out to absentee owners mid May.
The 2nd mailer (1,000YL's) produced less than 12 calls and my last mailer produced 3 hang ups and a not s...
A housing bubble is a run-up in housing prices fueled by demand, speculation and exuberance. ... Speculators enter the market, further driving demand. At some point, demand decreases or stagnates at the same time supp...
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Hello BP,
This is a hit to my pride to post, but I need advice. I completed my first rehab to rent in July of last year. It is a quadplex and all units were rented until recently. I just had my first eviction and,...
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Hi BP,I know this may seem like an odd question and one I don't expect many people to answer for privacy concerns and not wanting people knowing your personal finances. I would like to know if there are any people out...