Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
Mike Lynch
What would you do with the money?
If tomorrow you suddenly had around $300,000 cash, would you:Try to purchase several $50,000 homes and rent them out?Purchase a couple $100,000 homes and rent them?Buy fix and flips and rentals using the banks money?I...
Avery Carl
Coronavirus STR Data
I know there have been many threads started on Coronavirus and it's impact on STR's over the past few days, but I wanted to share this data that Airdna published today detailing the affects of it on different types of...
Ali Dawood
Large Student Debt vs REI
So this is my dilemma: I have no money at all right now since I'm a full-time dental student living off of student loans, so at this time I'm in no rush to start investing. I'm just trying to learn everything I can...
Mitch Messer
Mortgage Rates at All-Time Lows. So, Why Can't You Get a Loan??
If you are currently applying for a mortgage or HELOC, or are involved in a purchase transaction where someone is getting bank financing, or if you just want to understand how the mortgage lending ecosystem really ope...
Michael Temple
Rental Market is Untested in a Recession
I came across this article this morning in the Wall Street Journal. Hopefully, everyone can get to it without hitting the paywall. https://www.wsj.com/articles/t...Just in case you do hit the paywall, I will do a quic...
Jay Gill
RE residential Notes . . .quality of properties and forrates
I know of a few people that are investing in real estate notes that are working with a third party individual. I noticed that the properties they are invested in are far away from any urban centers(tertiary markets), ...
Reed Meyer
Getting started in Medium to Large Multi-Family
How can I get started in medium multi-family without a track record? I am thinking the 16-20 unit range. Obviously need about ~75% loan from the bank and would need significant money from a partner for the down paymen...
Patrick M.
Airbnb's downturn and the ripple effects
An interesting article in the WSJ on the disaster that is befalling Airbnb hosts, both owners and sub-leasee's. It also touches on the potential effects on the people they employ and general housing market.
Specific...
Kevin Schaefer
Property soon to be REO and not sure what I should do next?
Hello, I just got my NJ license and have been working the withdrawn / expired lists. I'm talking to an owner who's house just expired and she's telling me she's moving out in two weeks because the bank wouldn't accept...