Diane G.
If you are buying when unemployment is 4%, you are buying trouble
I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
Nathan Gesner
What's going to happen to NY City?
There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...
Brian Adams
I quit my CPA Job to buy Large Apartment Buildings
I have always been fascinated with real estate.I started in 2000 investing in a couple rental houses.My "AHA" moment came in 2008 to move away from the single rentals and graduate up to large apartment complexes.My ba...
Allison Stewart
HELOC on owner-occupied duplex??
Hi all, my husband and I are looking into doing a HELOC on our current owner-occupied duplex (we live in one side) to help fund a down payment on another duplex. Does anyone know a local credit union or bank that will...
Sid Franklin
Chicago/Illinois Property Tax Hikes Making Me Jittery About Investing
Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...
William Casey III
Are you Making Bank on Multfamily?
OPTIMISM FOR MULTI-FAMILY LENDING IS IN THE AIRThis year likely will be a defining period in multi-family lending, building upon the past several years of growth to reveal opportunities for industry innovation and bre...
Ram Chandrasekaran
REO, REHAB and Re-Financing - Request Expert Comments
Team
We are looking to buy a REO in Alameda County - Fremont, Union City and Newark (one of these) and are planning to move in there. Currently, we live in Concord, CA. We saw couple of houses and one is listed (REO) ...
Peter Vekselman
Success Rate in Real Estate...Shockingly Low
If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
Account Closed
Trump/CDC Halts evictions nationwide to the end of the year
Trump and the CDC are using public health authority to halt residential evictions for nonpayment through the end of 2020:
https://www.cnbc.com/2020/09/01/trump-administration-moves-to-halt-evictions-during-coronaviru...
Bill Gulley
HEALTH CARE LAW UPHELD
It's law, the Supreme Court held that the Affordable Care Act (Obamacare) is valied under the taxing authority.
Yes, I know healthcare is one word....
However, states can opt out with the Medicaid portion. Now what?