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I'm a hands-on blue collar type landlord thinking about changing my business model to scale up my number of rentals. I would appreciate thoughtful input about how you decide on rental scaling and business modeling.Abo...
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A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
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What's up everyone,I'm a recent home buyer/investor located in Jersey City, NJ. A few months ago, I closed on a condo in the Heights neighborhood (after going through a brutal sellers market), and am currently in the ...
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According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...
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In my market (Sacramento) and in a few outlying smaller markets, real estate has been pretty hot with prices climbing ever higher, approaching pre-crash levels. A few months ago I was noticing things cooling off a bit...
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For those of you that buy and hold in college towns do you see this fall as...A. The same old housing market, all the students will be back. Sunshine and rainbows for everyoneB. Buying opportunity. This is the Thursda...
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So I currently have 65 long term units that I own and I recently purchased my first property that I'll be going the STR route with.Basically, I just bought a large (4300 square feet) cabin on Lake Superior that is ess...
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Greetings Bigger Pockets community!
After waiting and waiting for someone to spearhead a local investor meetup in the Fort Hood/Killeen area, I've finally decided to grab the bull by the horns and organize one myself...
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Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
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Being that there are many more wrong ways to accomplish a given task than there are right ways I thought a thread covering some of the "donts" might be useful for those just getting their feet wet in repairs and renov...