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This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
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Thank you so much again to all those who were so kind to answer our question on the 15 vs. 30 year mortgage. We would like to ask one other question - this time regarding cash flow .We've been searching for 2-3 months...
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I’m hearing on the internet, television, and BP the lending standards for big banks are starting to change. Some theorized prices for housing will fall, others think nothing will happen and we’ll all go back to our on...
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The fed just announced 3 rate hikes in 2022 vs the original plan to hike only once at the tail end of 2022. What are your thoughts on how that will affect housing prices in 2022? Very low appreciation? I have a off ma...
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Our property manager emailed last night stating they are having an "emergency meeting" to discuss whether they should continue business given the new regulations signed into effect by Gov. Cuomo. The new tenant prote...
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Hi all,
It seems to me that everyone I've talked to is waiting for the bubble to burst. Investors, people who are trying to buy their first home or people who want to trade up but can't right now.
If the market drop ...
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It's cliché, but true. A lot of millionaires are made during recessions.No matter what you invest in there are and will always be golden opportunities to take advantage of during every recession. For me, it's real e...
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Hey BP. I'm trying to get my first deal done but can’t decide whether to start off in-state or out of state. My primary goal for my first deal is to learn as much as I can but due to how expensive homes are in Califor...
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I have been getting the impression over the past two years that more and more people are entering the world of REI.
When I started a decade ago I was somewhat of a pariah amongst friends, family and work colleges. No...
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I was planning on buying my first property to house hack in the upcoming fall 2020. Due to the COVID pandemic, some peers and I are unsure if we can count on quickly finding new tenants. What is your experience? I'm i...