I have flipped a few homes now, more than I will admit, and I have come to the conclusion, that using my contractors that it may be less expensive to build new, rather than flip in some cases.There are many lots, no...
Is Memphis, Tennessee a good market to invest? Based on prices I’ve found, I can purchase 3 properties that would generate cash flow, but I also don’t want to invest in a market where appreciation is flatlined. Advice?
Okay, I know most of you are fairly negative on Condos, however, I want to ask you about this potential deal. Condo is in Columbus, high rents around $1500Selling price/ final price is $160,000 HOA per month is $149....
If the bank stopped paying property taxes, how likely are they to skip the foreclosure auction? The property has been vacant for two years. The electric has been off so the sump pump would not be functioning. The b...
Hi everyone,What amount do you set aside towards your reserves fund for your properties? For example:X% of gross cash flowX months of operating expenses$X per square feetFor me, I was debating 6 months of operating ex...
When I first started out in this business, I was very intimidated when dealing with very nigh net worth potential investors. (Okay, I'll admit it: sometimes I still am!) I would question my own credibility and b...
Fannie Mae is predicting a serious change in the multifamily real estate market. Ever since interest rates began to rise, multifamily has been on a downward spiral. Higher rates made profits fall, and as a result, buy...
Hey there BP Community!I had a very interesting conversation the other day with a Buy and Hold stock investor who is completely sitting on the sidelines with Stable Funds over the next six months to a year. He said th...
I try to avoid political discussions, as they never lead anywhere good in the business world - but this one strikes at the very heart of REI. Former "Sex and the City" actress, Cynthia Nixon is running for Governor o...
My wife and I are going to look at two properties tomorrow that we are evaluating as short term rental investments. The properties are in the North Carolina mountains (near Boone), where there are lots of outdoor acti...