Joanne Tsai
Is market softening? How does your local market look?
Hey all,There have been a few articles on CNBC talking about new home sales plunged 25% in recent months (YoY) and also today there is an article talking about existing home sales also seem to trend down comparing to...
Tom R.
Dont buy paint from Home depot.
I brought a paint sample to home depot to match and purchased a sample. I only needed enough to cover a few sq feet. When I went to use the paint it didnt match. I took it back to the store for a refund and they refu...
Steve Wilcox
Buyers Bank Demanding my HUD1
I am in the process of trying to close on the sale of a property, and the bank has been a huge hassle. The home was under contract for $155 per sq-ft which is totally in line with all comps and lower than some provide...
Stephanie Moran
Made My First Rookie Mistake
Hello All,
Renovating my first property and I made a rookie mistake, a major one--I found out that my first contractor (who came recommended) is unlicensed in California!!!
I am two weeks into redoing several of th...
Sean Bramble
Have any of you lived through a full STR market cycle?
Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
Todd Powell
BP post got me fired!
5 months ago I posted about creating $7000 of additional cash flow in a 4 year period and I also mentioned wanting to hang up my high paying W2 job. Further, a month later I posted about Oregon rental laws in March du...
Mark Abbate
High Offer, Countered With “Highest and Best”
Hello All,I have been in the market for about 2 months looking at places, putting offers in an constantly getting outbid. I am a very patient person so this doesn’t bother me in the slightest. I recently found a place...
James Tedrow
Joe Biden wants to trash the 1031 exchange
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
Greg R.
Seeking advice on timing & rates
I'm going to preface this with what I've said on other posts... I understand that no one has a crystal ball. I'm going to be moving to Plano/ Rockwall TX in July/ August (can't move earlier due to kids in school). I'm...
Heather Pelletier
Embarassed to admit this but here it goes.
OK, here is is...It's time for me to get real and do something drastic. We are broke, I just went to the grocery store and needed to use my credit card. I have been married 11 years, we have 2 kids. I work part time...