I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
so I'm trying to understand the different types of refinancing and what would be best in my position. Here's the lowdown: I bought a 4 unit for 500k as owner occupied FHA 3.5% down and my current principal is 480k. As...
Hey BP Community! I'm a new investor from NJ looking to invest out of state in a small town in Ohio where I have some friends/family in the area. I've analyzed about 15-20 properties and have found one that would be a...
Economic Update
(Monday, June 15, 2020)
It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (“NBER”...
I have landed a job along Lake St. Clair and am considering moving to the area. My commute is pretty ridiculous right now. However, I know I don't want it to be permanent. I am torn between buying a place or just rent...
Ideally I would love to get a fixer-upper duplex that I would be able to live in rent free while still keeping a full time job. Are there any properties that are under 400K and that follow the 2% rule?
Robert Campbell, who’s a well-regarded real estate trend-spotter based out of Southern California, has finally spoken on the bubble that’s formed in San Francisco. In his semi-monthly newsletter, he’s identified a few...