I own a 1BD/1Bth rental condo in Southern CA that I am breaking even CF on because I took cash out on a refi to buy my primary residence. I owe $159k and estimated value is $250k, so still some equity left. I’m wonder...
Do rents generally go down in an economic downturn? If you are underwriting a property do you consider that the income may actually decrease (if so by how much) or do you think worst case scenario rents are stagnate?
Just listened to BP show #311 with guest J Scott (I know I'm late to the party). If you haven't had a chance to listen to it yet, you should. J talks about his 6 tips for REI in the current market. As someone who cons...
If a utility company is a major employer of town could they be considered an economic anchor?In other words, if an economic downturn happens could a utility company close causing many local renters to lose their jobs?...
Hey all, I'm pretty new to this so forgive me if this is a dumb question. I am interested in buying my first property in the next year or so. However, after watching 10 year treasury yield drop recently and with talk ...
Hey BP community!
I own a few units in Cleveland and live in San Francisco. I was rather young for the 2008 crash so I don’t have the hands on experience in a down market.
What is the realistic downside of a marke...
Can you explain to me why it is important to leave some equity in a property in case of an economic downturn? I have read this in a few posts and I can't figure out why. Thanks.
I live in CA, looking for rental properties in Florida and Ohio. How do i know if it is still a good time to enter the market in those states. Any idea?
During an economic downturn, especially relating to rental properties and the BRRRR method, how does that effect cash-flow? Vacancies become abundant, refinancing is not longer an option as properties are worth less,...
Hi everyone,
I hope you're all doing well. I'm a 20-year-old real estate enthusiast from the UK and, along with my brother, we've managed to save up £85k. I am eager to start building a serious real estate portfolio,...