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Hello friends. My wife and I live in Oregon and we want to buy our first rental, but the interest rates and the housing prices in Portland are very high. A 3-bedroom house starts at $450k. But I'm getting the feeling ...
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This is just a question I’ve been wondering as we deal with a huge housing crisis in our city.is it moral to convert properties to short term rentals in a city with a deep housing crisis?if a city has 500 units conver...
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Greeting fellow BPs.My name is Tommy Nguyen from San Diego, CA. Have been a long time lurker here but finally decided to post and participate.A little bit about myself. Currently working as an engineer in a biotech co...
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So, recently I have been trying to branch out and buy real estate in other states. I'm currently working in Arizona so I thought "hmm it's nice out here, I should try to get a property or two while I'm out here." I am...
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Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
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Here's a report from CNN Money on flipping houses that continues the trend of media and government negativity on the housing situation:
House Flipping
Pay special attention to the reporter's remarks about flipping pl...
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Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
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There is so much misinformation on this site it is crazy.Here are the facts; For total profits, cash flow plus equity since 2009 the top 3 locations are San Francisco, San Jose and LA.Since 2000, that is LA, SF and Sa...
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OK I am still coming to terms with the current administration.(and may not ever) But what do you think will happen here? Do you think it's likely that he will be re-elected? If no, please input on who you think will ...
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As we all observe and fear the Coronavirus, we see many cities under “shelter-at-home” restrictions, and many “non-essential” businesses closing. Then on the other hand, the Fed lowered rates almost to zero, and mortg...