What resources do you use when speculating on the future of a town you're investing in?I found a property in a small town (population of <10k) in Florida. I've never heard of the town and know nothing about it (bes...
Hi everyone,
I'm looking to see what the trends are in the Salt Lake City, UT market for multifamily apartments. I had a broker tell me that everything is going for 5% cap or lower. Is this your experience in this ar...
Hello All~
In my county we have an up coming tax auction on real estate. I have been researching the sheets of information that they provide on their auction properties and there are liens of every sort and k...
Hi BP Members,Any feedback on this potential deal would be a huge help.Details:Purchase price: $45,000Down payment: $11,250 (25%)Closing costs: $1,800Rent: $875/moMortgage: 4.5% fixed 30yrs. Insurance: $50/moTaxes: $1...
In February 2017, the median price for single-family homes in the City of Austin remained unchanged from the year prior at $330,000. Overall, the Central Texas housing market is beginning to normalize to more stable m...
Let's say that you're a buy-and-hold investor and you analyze a deal where the numbers work out great. The cash-on-cash ROI is >10% and the cash flow is >$200 a month.
Given these numbers, how much would the lo...
Hi BPI recently bought a duplex in March and inherited the tenant downstairs who has been there for about three years. They are a nice older couple with a college age son. They are respectful, keep a clean house and...
I 'm not sure what happened in here. It's like a combination of wet welcome mat and burns. It's like... every time I showed up to the apartment, the devil appeared behind the door and snickered as I waited for the ten...
I just read an article stating: Blackstone's Invitation Homes will be going public. Largest home owner of homes in the US.I am not sure how to read this. Does this indirectly mean the RE market has peaked on a Macro l...
I was curious about Killeen Texas....I know this is a very military dependent economy but I have read some articles that mentioned Killeen was expecting the population to double by 2050..Does anyone out there have an...