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Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...
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I would like to hear from other investors in the Houston area about strategies and outlook for 2015 in this climate of of dropping oil prices. I am fearful unfortunately and I am trying to fight it.My elders are full...
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So... I have been following the Bitcoin-market since the bullrun when I lost a for me substantial amount of money. Since then i have also realised that cryptocurrencies and stocks can be traded with the help of techni...
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Economic Update
(Monday, July 6, 2020)
The big economic news this week is the second straight employment report which surpassed expectations. Nearly all of the data indicates that the recovery from the partial shut...
Last week I was having a conversation with my dad about retirement. Like most people, the majority of his retirement investments are done via his 401k. I came away from that conversation thinking, “If I was in his pos...
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I am looking to buy and hold a SFR in neighborhood of $60-$80K with CAP rates of 9%+. Philly interests me because it offers those numbers and it's only 2 hours drive from me (I live in DC). However, I am hearing mixe...
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http://www.sltrib.com/business/ci_14649910?source=rss
I realize this article is from a Utah paper and has a Utah slant, BUT read through the article. Actual # of homes in foreclosure jeopardy is expected to go from 2...
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I am evaluating a complex in a tertiary market with 8 residents who are delinquent in rent ranging from 55 days to 104 days. Current owner said he took it over in September from his partner and blamed poor renter vett...
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Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...
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Hello Everyone!I have been looking over some deals in Winston-Salem, NC. Was wondering if anyone has any insight on this market. How is it growth wise? Is it more C, B or A location? What is the average price per unit...