At least once a week, I got a message on here from an investor looking to buy a condo or townhome to use as a short term rental for AirBnb in the Phoenix Metro Area or Flagstaff.Having discussed the pros and cons with...
How do you see your market? Have sales or prices peaked? What are the unique characteristics affecting your market? Where do you see it in 1-2 years?In Austin, sales are still high, but down a little from last year...
Market Vertigo
by Cliff Draughn
"We give you a Republic; now see if you can keep it." -- Ben Franklin
As I have remarked in prior calendar-turning newsletters, it is this time of the year when most people pause ...
Greetings bigger pockets.I need urgent help. I am living in an owner occupied duplex and renting out the other side. This is my first rental and I closed last December.My tenant just got shot last night. It's not clea...
I'm just curious how many other active REI also invest in cryptocurrencies? And if you do, what kind?I am personally a fan of cryptocurrencies and what they are all about. I have put some money towards it, and will co...
With all the negativity out there about coaches and programs I wanted to take a second to say something about Tom.I totally love this guy!!! Tom totally changed my wholesaling operation in 4 months.He broke it down to...
We bought a foreclosure in 2008 in Sacramento County that had a large addition and we didn't check for permits. I know, I've learned a valuable lesson.
We were trying to refinance the property and for whatever reaso...
I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
An interesting read: https://www.biggerpockets.com/blog/federal-reserve-to-lower-rates-six-times-says-ing-economics?utm_source=Iterable&utm_medium=email&utm_campaign=Newsletter%20%7C%2012/07/23
I’ve seen a fe...
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...