Just wanted to get opinions on how people approach investing in low income areas. I've heard people who have done very well investing in these areas and others who tell you say don't even consider it. My current pr...
San Diego housing price is at and above pre-recession level. I am wondering whether the timing is not right to enter market for buying and holding (for rent) when positive cash flow seems generally challenging. It s...
Just received an accepted offer 10 minutes ago on an 8 unit property. They were refusing to allow an inspection so I ended up waving it after talking to an experienced real estate investor based on his suggestion. Fou...
I live in the Phoenix area and I've been looking for a 2-4 unit property here with the intentions of buying it through FHA and living in it for a year or two and then moving out.I'm running in to a number of problems:...
I just listed an apartment on Friday. It's in a "D" neighborhood. It's my first turnover in over 3 years (39 months) in these buildings (2 side-by-side quads). I had **13** solid, completed applications (not just vag...
So I felt like this would be a good subject to journal, both for the input from the pros and as a loose guide for others venturing into this field of investment.
Although I have been involved in the purchase...
Hi all! I’m a 24 year old aerospace engineer and flight instructor in the Seattle area.I’m originally from Rhode Island, went to college at Purdue in Indiana, and have been working in Seattle full-time since 2012.I r...
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
Let's say I buy a 50 unit apartment complex. My mortgage is fixed. Expenses such as taxes and insurance will likely rise slowly over time. Now if I raise the rent $50 per year on all 50 units (perfect scenario to demo...
Hey all! I'm trying to learn about real estate and have a pretty basic question:What are the differences in returns of privately owning a home and renting vs. investing the money in a real estate syndication. Are thes...