Mason V.
How do you feel about economically depressed/stagnant regions?
I would like to know how the more experienced members feel about cities which have chained very little in the past 20 years. If you would like a specific context, The Dalles Oregon.That’s the town I grew up in and am ...
Matt Millard
Are we in another Great Depression? Why or why not?
With GDP & unemployment levels likely topping the Great Depression how will this impact your market & investing?For myself I know the builders in process of building $2200 a month Class A+ rentals all around n...
Hilary Hageman
Who Cares about Appreciation and Equity in a Depressed Market?
Hey all,My husband and I bought our first rental (a 2B/1B SFH) this year and are hunting for our next deal. Our current rental is located in a depressed area with low-no appreciation, very low home prices, but averag...
Meghan McCallum
Is August 1 the next D Day? (Disaster, Disappointment, Depression
Ladies and gentlemen...I POUR myself into being a student of this game. I talk to ANYONE who will l talk to me who FAR outweighs my experience and intelligence. I have felt as though this is our LAST summer of love fo...
Nigel Mills
Depression & Anxiety with not finding a DEAL for 3 plusmonths!
I have been waiting and getting my credit score and everything last year in order to get a Duplex to house hack in the Lake county IL area. There was an opportunity to get a turnkey property and the numbers would of w...
Thomas Hickey
ME & NH depressed area buy & hold Lewiston, Claremont etc.
Hi All,
Doing some research into buy & hold in old mill towns like Lewiston/ Auburn ME, Claremont NH etc. and have a few questions.
Assuming this is a 10-20 unit property
- what cap rate do you need to make wo...
Manuel Angeles
NY Post: "Next Crash Will Be 'Worse Than The Great Depression'" ?
What do you think about this Post https://nypost.com/2018/09/22/next-crash-will-be-w...How are you securing your family's financial stability and safe-keeping ?Current national debt is $21,508,182,7000,000.00National ...
Logan Zanki
Condo Has Zero Land Value - What do we use for depression?
I have a rental thats a condo and I purchased it for $245,000. My accountant wants to use 10% of the purchase price as a land value but the city tax records says I have zero land value. I tried looking online at the...
Jim K.
Need advice On A 5 Unit Property In A Depressed Area
hello,I'm new to REI but I think I found a pretty fair deal in a depressed area. I found a 5 unit building 4 1 bedroom 1 2 bedroom. Total rents $2275Taxes $150 Ins $90Gas $182 budget planWater $50Trash $35Sewer $50...
Loc Nguyen
Appreciation question.
Hello I was listening to Robert Kiyosaki and he was talking about holding on to property for cash flow and if the property value increases he would simply go to the bank an refinance.
So does this mean if i had a pr...