Ujwal Velagapudi
San Francisco's Rents Drop 35% - Long Term or Temporary?
Per the Bloomberg article, it seems rent for studios have dropped about 35%, 1 bedrooms 27%, and 2 bedrooms 22% as of November 2020.
I know it's been hotly debated whether cities will die out or not, but I want to l...
Marcos Carbi
Invest now or wait for recession?
Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
Colby Burt
Seller Financing but Negative Cash Flow
Hi,I have an opportunity to acquire a 3/2 under the following seller financed terms: Purchase Price: $420,000 5 Year Note & Mortgage Pri...
Brandon Connell
Cash buyers are not serious
I have a property in Illinois under contract with some good meat on the bones, and only a couple of cash buyers (or so they say). So far, they are dodgy. I read that the hardest part of wholesaling is getting the cont...
J Scott
Let's Talk About Our Screw-Ups!
I originally started writing about real estate because I wanted to hold myself accountable for my what I was doing, because I wanted to learn from my own mistakes and because I wanted to help others keep from making t...
Steve K
Where are you finding your deals? - 2013 edition
I'm having essentially zero luck the past few months finding decent rehab deals at numbers that make sense. Probably averaging twenty cash offers per week and batting a cool 0.00% so far. 250 offers without a single...
Gil Cortes
Detroit??? Has anyone been purchasing there? Why, Why not?
Hi Everyone,Just Curious is anyone picking up property in Detroit? if so why? if not why?
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...
Ronald Perich
Being a licensed agent means the law doesn't apply to you?
Let me preface by saying I have a genuine interest in the answer and I'm not trying to stir up the passions more. I'm really just trying to understand where my logic is faulty.Here's the scenario.The big thread right ...
Jon Lee
Biggest Fear for Newbies
Every investor no matter how experienced was a "newbie" at one time....everyone had a point where they were starting out. For all the NEW INVESTORS out there....what IS your biggest fear and how DO you plan to overco...