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Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
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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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Technology's impact will not be an immediate end of jobs, but an increasing stress on wages and work environment. You will continue to be paid less for doing more.Owning income-producing assets (real estate, business...
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https://www.azcentral.com/story/money/real-estate/catherine-reagor/2018/05/26/metro-phoenix-home-sale-prices-rebound-2006-record-recession/634028002/“Could June be the month metro Phoenix home prices rebound to the re...
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It isn't anything new and it has been well documented (whether you are aware of it or not). I'm curious to know if there are any personal experiences with redlining for those seeking conventional mortgages, especially...
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Don't look now but mortgage rates have declined at an almost historical rate during the past month. Just 4-6 weeks ago clients purchasing second home or investment properties were being quoted in the 8%'s and even..gu...
I am a little discouraged because I hear over and over about how we find deals and how important it is to establish relationships with investors. My struggle is that I have gone to meet-up events, created a website, a...
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Hi y'all! Despite the dour tone of this post, I'm a genuinely happy person. I half-need to vent, and half-need some help. This isn't me looking for a hand-out or a pity party. I need good, solid advice how I can m...
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I own a condo in Oakland that I rent out; I have a long-term tenant paying rent a good deal below market. i was going to give her notIce of a 5% increase.However, prop 10 has me worried about vacancy control. Should I...
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I have a friend that had someone else managing their money. Several mortgage payments were missed. I guess the bank had someone drive by the house and saw that it’s in terrible shape. They determined that it would ...