Mark C
10-15+% levered returns possible? With 1-1.5M cash
My partner and I did our first deal a few years ago which went really well and we have about 1-1.5M in equity, but the problem is that the cash flow it generates is not that great - partly because cap rates are so ...
Joshua Steven Ferrell
New HVAC for rental property - price too high?
Hello all,
Curious who else has had to purchase a new HVAC for a rental property this year? I have quotes all the way from $8,850 - $13,250. The house is a 4bd/2ba 2,300 square foot. These quotes are for a Goodman...
Sharad M.
Gas prices
How much are you paying per gallon for gas? I paid $3.94/gallon last week.
And are the high gas prices having any impact on your business? If not, will it have any impact if the gas prices rose higher to $4.50, $5, $6?
Will G.
What happens to cap rates as interest rates rise?
Hey pocketeers,We are at historic low cap rates, do they go up as interest rates rise?
Jason Cory
Sales & Rental Data for the Birmingham MSA Along with a 6-month Forecast for Each
Sales Data for the Previous 6 Months
New Home Sales
November 2023
Sales: 150 (MoM: -3%, YoY: +5%)Median Sales Price: $325,000 (MoM: +1%, YoY: +8%)Average Square Footage: 2100 sq ft (MoM: +2%, YoY: +6%)Inventory: 18...
Sam Sale
Decisions, decisions, decisions (UK to US)
Introduction
Dear Bigger Pockets members.
I'm a long time listener and hopefully have an interesting situation for you to ponder.
I've lived my entire life in London, England up until November 2020 when I immigrate...
Leo R.
Property values vs. rents
Hi all, I have a couple questions about property values vs. rent prices in and around Salt Lake City:As we all know, property values in the area have gone way up over the past 5 or so years (particularly for single fa...
Matthew Shay
Raising Taxes Based on Purchase Price
Which states raise taxes based on the purchase price of real estate? I saw somewhere online that California is one of them. Is there a difference among the different classes of real estate i.e. multifamily vs. single ...
Blake Dailey
Interested in Multifamily? - Market Forces to Consider
I remain firm on my outlook that it’s a great time to buy. I will provide the caveat that I think it’s a great time to buy good deals. I think with the extended bull market and impressive real estate run we have seen,...
Lynn Harrison
do you think there might be a double dip after the election?
Everything seems so volatile to me- variances on shadow inventory estimates, stock market up & down, lenders backtracking on loans, possible bulk sales by the gov't., job growth vs sustainable job/wage levels etc ...