Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
Ok, so for the first time I have to deal with one of my flips not appraising for the sales price. I gave the appraiser a list of comparable recently sold, a list of repairs and before pictures of the condition of the ...
I admit that I am freaking out a bit about a problem I have run into. I consider myself pretty experienced in REI. I have bought dozens of properties at sheriff sale and researched 1000's and I am in the middle of a...
Hi BP,Do investors, purchasing a property with the sole expectation of renting it out, make it harder for owner-occupants to find affordable housing?This is the question that came up from a family member. He lives in...
http://online.wsj.com/article/SB125479559237566623.html?mod=rss_economy
This article is talking about apts nationally. Vacancies continuing to rise and article says they will continue to rise. Tied to unemployment fi...
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
“If its on the MLS its already a bad deal”Ive heard this a few times already. I dont expect great deals to jump off the page at me but am i really missing out by relying on the MLS to find a good deal?
Hello everyone, my name is Jason and although I have been a lurker on on this site for a few months I just recently made the commitment to take this rabbit hole of real estate investing and all that encompasses it ser...
Has anyone else had a bad experience with this guy? He is another 'no money down' guy, but as a student after paying thousands of dollars, he was never available, never answered my questions, and pawned all of his me...