I will start off by disclaiming that I cannot take credit for the idea behind this post. I recently read and responded to a post initiated by @Adam Zach surveying all members wanting to see who in the real estate inv...
I'm curious to hear what people have to say. As an economist/risk professional in the banking space, I feel that I have decent insight into the industry. Those of you warning of a housing bubble... I just don't see i...
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
I always hear this figure and wonder to myself how come? Is it because people are scared or is it because the people who are trying to get into investing have a hard time figuring out what information is correct and w...
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Three states passed state-wide rent control laws in 2019, California, Oregon and New York. Other cities such as New York, San Francisco and Washington D.C. have had rent control policies in place for decades.
"Over t...
Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...
Hello All,Josh and I are newbies to real estate. We are absorbing as much information as possible and setting goals. We are currently in our late 30’s and have 4 school age children. Over the past year we have been ab...
I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....). I have a general contractor that I think will do a good job. I wanted to do the work as...
Hello BP Community! I'm writing this post to begin chronicling the learning experiences we've had so far in the purchase, renovation, refinance, and renting out of a multi-family property in the city of St. Louis. I'm...