RESCUING THE BAIL-OUT (a RE Professional Perspective)
An opposition to the Emergency Economic Stabilization Act
By Fred Ashley
The Emergency Economic Stabilization Act of 2008, or Bailout Plan is a law authorizing th...
Decent, short read in the link below. As someone who raises capital for a select few syndications, I often get questions around rising interest rates, inflation, will the market crash, etc?In my humble opinion, multif...
Building Permits provide a snapshot into what the supply pipeline (new homes and apartments) in a market will look like in 12-24 months time. The more supply dropped into a market, the more growth needed to keep occup...
Hello, a partner and I are looking to rehab an old mill and turn the building into an apartment building. How can we determine property tax for our balance sheet once rehab is done and renting 25 units? Will the pr...
This 4plex is in Philadelphia and the owner wants 269k. Gross rents last year were $31,200. It needs roughly 40k in rehab to increase gross rent to $37,200. It also has 2 garages that can get $125/mo a piece but were ...
Hello everyone. Is there anyone who is increasing the rents, these days? I have 2 apartments that I need to increase the rents, but am not sure if I should raise it or not. Their rents are $300 below the market rates....
Real Estate News in Brief
A string of favorable data (lower inflation, higher unemployment rate) has convinced the market that the Federal Reserve will begin cutting short-term interest rates in September, and mortga...
My first and only rental property in East English Village has been underperforming since I acquired the property in 2019. I believe it can do well if renovated to attract higher quality tenants and rent at the market ...
Per the Berkshire Hathaway market update, new homes sales are up and so is the housing market confidence. With this new confidence, a new trend is emerging with millennials in the home buying market. Recent market sur...
Hello BPShould I buy a property that generates negative monthly cashflow including vacancy reserves, management reserves, CapEx, and property management fee? When I remove vacancy reserves, management reserves, CapEx,...