Hello everyone at BP!So I was just about to get a 4 unit C/D class property in a C class area on contract, and then suddenly thought to potentially back out of the deal. A lot of work is needed and the property is ove...
The buzz around the country right now is the shifting economy and that is no different in the real estate sector. With the Fed raising the overnight interest rates and implementing Quantitative Tightening (QT) to comb...
Who has made the shift to using creative finance strategies to overcome the constantly shifting real estate market? ✌️
I’ve had a pretty good 2023. I’m closing on my 5th property this year within the next few weeks. This will give me 5 properties that cash flow anywhere between $150-$475 a month. I used all different types of financin...
Based on consumer sentiment and the reactions from investors you can gauge areas that are still experiencing high levels of buyer interest and the same goes for areas that are "cooling". I am insulated by my own inves...
So.. we are definitely seeing a shift in our local North Idaho market. A lot of our buyers have been coming from California and western Washington and that's starting to slow down quite a bit. As we learned in our l...
Can't figure out how to delete this post.
every winter, tenants want me to replace their existing wall gas heaters, and I have. However, CA is shifting to electric (not sure re the law here) and wall heaters are like $800 at Home Depot. Does anyone have exper...
We all know about Cash Out REFIs or HELOCs used to purchase other RE assets. However, has anyone done either to balance out their portfolios LTVs? A recast would be the best mechanism to accomplish such. Cash-Out i...
Super interesting graph on the monthly supply of new houses over the last 60 years. I can't see an example of this sort of a jump in housing supply that wasn't followed by a recession. We've already had two quarters o...