Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Tomiko Graves
13K Bathroom Remodel - Help!
Hi all!I just walked through my first flip property (yay!) with my GC this morning. He is quoting me 13k on a small master bath. I think it's too much but would love to hear from some of you. If I pay 13k for this ...
Bryan C.
New CA resident looking for out of state investment
Hi,I have just finished reading Brandon Turner's Book on Rental Property Investing and I am brand new to these forms.I have saved about $130K which is not enough for downpayment where I live (Mountain View, CA). The p...
Rebecca Cramer
The Famous "I want to buy your house" Letter! NEED HELP!
So we want to go for deal #2 but there is a problem, the neighborhood we want doesnt have the right house on the market. I know exactly what I want and know the 25 houses in the neighborhood that has what I want. So I...
Dean Letfus
Do people ever learn? (Memphis market observation).
So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
Jim K.
What's it going to take for the next real estate crash to happen?
BP contributors:
I for one believe we're not going to see a real estate crash anytime soon, and I firmly believe in the power of pessimistic thinking. But I'm also not wholly ignorant of all the aspects of this busin...
David J.
Thoughts as we approach the top of the market?
Few would deny that the market is cyclical. It goes up for a few years then down for a few and repeat. I want to hear from other investors your thoughts about how to handle this. We are nearing that top (especially in...
Hassan Omar
For Jan, Feb and March I'm going to buy some houses; here's how..
Hey folks, happy new year.
The other day I was asked to show a friend all the steps required to find and buy a fixer upper house here in the Atlanta market. Not a hard task, but doing it the right way is. That said ...
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...
Isi Nau
Appreciation = Speculation
This seems to be a widely held mantra here. If you buy in a high appreciation market, you're not investing, you are speculating. That's not something I have ever heard here in Hawaii. Probably because it's not true...