We are in Phoenix and have been really wanting to get into real estate investing. My neighbor wants to sell us their home (single family). They had an appraisal done April 2019 appraising at $273,000. Zillow, Redfi...
First tenant called today with a Corona virus related lay-off. She worked for a service that placed nursing and medical personnel in nursing homes and related businesses. Apparently they all cut off outside vendors li...
Looking for advice. . . I lost my job as a development manager in January just before the COVID-19 and have been looking to gain re-employment in the multifamily development sector. Unfortunately, the virus has real...
This is unprecedented. Once in 4-5 generation event.
I had multifamily that I was supposed to close on next week in Springfield Massachusetts. It was a great BRRRR deal given the hot market conditions. All in with re...
Hello everyone, so among this Covid-19 outbreak, I’ve come across an issue that has me and my partner torn, and although I see both sides I’m curious what other think. So I bought my property a few years ago and have ...
Hello All,I was hoping my first ever post here on Bigger Pockets would be a more positive one, but I thought it would be helpful for everyone to hear about my first rental purchase this week.Yesterday my closing went ...
PR has been in trouble since 2006 and will have losses bigger that Detroit.A great summary can be seen in the NY Times.
Everyone has an opinion on what is happening with the real estate market, but we literally have no idea how the coronavirus will play out over the next three months. For seasoned investors, it does seem like deals wil...
I have four units and plan to purchase several more as the leading part of my retirement plan. After reading this article and others similar, I’m nervous for the future of investing. Any insight fellow investor frien...
https://www.livabl.com/2020/03...
Hundreds of deposits in jeopardy..
Rising costs depleted all margins..
Going to be a domino effect with other newer projects
Only the "Bigger" and deeper pockets will survive..
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