A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
Everyone has heard, Location Location Location, and most live by it. NOT me. Its PRICE PRICE PRICE, people live everywhere.
Thoughts ?
Yesterday was an interesting day. I was at the gym and overheard a gym member talking to the trainer. He as trying to talk the trainer into buying a house. He was explaining his own house hacking experience and how he...
Good Morning BP!Summary: How do smart investors hedge against market corrections in the commercial multi-family sector? And should required reserves for a property be factored in to calculations for CoC and/or IRR? Th...
http://www.bizjournals.com/austin/news/2012/02/23/forecast-austin-job-growth-revs-up.html?ana=lnk
Some highlights:
19,000 new jobs are expected this year after 13,000 last year.
Unemployment rate could drop below 5...
Hey BP!I've been speaking to a lot of investors/agents in the San Diego market and the feedback I've been getting is pretty disheartening. I've been told time and time again that cash flowing rental properties near S...
Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...
Hello All,Josh and I are newbies to real estate. We are absorbing as much information as possible and setting goals. We are currently in our late 30’s and have 4 school age children. Over the past year we have been ab...
I am a new to REI and trying to find my first deal. Have been listening to BP podcast episodes from 2020 and earlier and the numbers were no where near what they are today.
I have analyzed about 30 deals in Atlanta,...
Those that actually read news and watch actual news programs (doesn't include NBC and msnbc) have heard the tape of Obama "loves re-distribution". WH has admitted tape is accurate, but andrea mitchell says nbc can't v...