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Today we got a little house under contract and it will be our first short term rental. Over the last few months, I have read countless posts on BiggerPockets about how short term rentals have been struggling with canc...
Excuse what is going to be a long rant - for the sake of my sanity I need to get this off my chest. I have another username on Biggerpockets (no, Adam Smith is not my real) which is my real name - but for this post I ...
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Hey y’all. I’m standing on the edge of the cliff of quitting my W2 job and I’m wondering if I can fly. I’m at a point now that many have been in before. I’ve been miserable for years in my career. Instead of letti...
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Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
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If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
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I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...
U.S. Foreclosure Activity Continues to Increase Despite Government Moratorium
Highest foreclosure rates in Delaware, Illinois, and Florida
Nationwide one in every 4,078 housing units had a foreclosure filing in Q1 2...
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I made a $60K offer on a property listed for $78K. The listing broker refused to send the contract to the seller. When I had my agent insist that the offer be forwarded the listing broker forwarded but only after ...
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Obviously only the stock market is currently being effected with the coronavirus, but lets assume in the near future the real estate market starts to feel the impact or we experience another 2008. I'm curious to hear ...
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Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...