Michael Kotylo
MLS Pricing too high, no room for profit.
I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
Alissa S.
San DIego Investments
I am interested in transitioning into the so cal market. I wanted to network with other investors about the market in that area! Any pointers, locations to avoid, what strategies are working in that market etc... I am...
Jay Hinrichs
Average sales price SF bay Area 936k ??
I saw a TV show talking about the average sales price in the Bay area at 936k along with some tear downs in Freemont selling for 1.1 to 1.3 it was crazy even for someone like me who bought their first home in the la...
Kameron Patterson
Should I trade in my car to improve DTI if I am a Realtor?
Looking to trade in my $30k car to improve my debt to income. However, I will definitely take a loss on it as I just purchased it 2 months ago. I recently became set on being a real estate investor and have had buyers...
Aaron Hall
Having no luck finding Multi Family Deals that would cash flow
Hi all,I am new to multi family investing, only having just recently went into a MFR deal with a business partner to make a very, very, measly positive cash flow per month on a duplex. With that being said, is anyone ...
Pedro Gonzalez
Government's Financial Rescue Plan, Will It Energize The Weak Real Estate Market?
The Bush administration developed an effort to confront the worst U.S. financial crisis in decades, describing a plan that could cost taxpayers hundreds of billions of dollars to buy up bad mortgages and other toxic d...
Account Closed
Los Angeles rental property. Worth it? Or do i look out of state?
Salutations!Thanks in advance for any response I might receive to this question. I am a newbie. I am interested in maximizing monthly cashflow through acquiring rental properties. However, being in Los Angeles, there ...
Account Closed
San Francisco/Bay Area Strategies
So I've been on BP for a few months and always follow the discussions in out-of-state markets that I'm interested in. The story is always the same with people from the Bay Area, Socal, NY, or any other large market t...
Sean Bramble
Have any of you lived through a full STR market cycle?
Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
Adam Tafel
Mortgage forbearance - yes or no?
Fanny/Freddy have put special provisions in place to help homeowners and landlords. Has anyone read the fine print? Wondering if there is any downside to doing this for a few months. Even if your property is fully ren...