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I thought you might enjoy this article written by Robert Shiller, Sterling Professor of Economics, Yale University:http://insights.som.yale.edu/insights/housing-mark...Agree/Disagree? Comments? Thoughts?
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Hey guys so I just want to drop a little knowledge and provide some value by explaining DSCR for those who don’t know or fully understand it. DSCR stands for Debt service coverage ration. If you’re an investor and hav...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Dropped $40k from asking price. Property listed for 13 days and already owner has dropped...
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As the rental season for a beach area such as Panama City Beach or Myrtle Beach is nearing the end, do prices for properties drop going into the off season?If you were considering a property, would it be best to wait ...
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Hey BP team. Have a question for you guys. I just recently closed on a rental property in LA where the zestimate was 660K (it sold for 640K last year in June) I managed to get the purchase price of 516K which I'm exci...
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Hi, please explain the information at the end of the post to me as I cannot sleep thinking about it. My lender is not returning work for a few more days so I wanted to ask this group about seller concession on a conv...
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So I have noticed on gosection8 and a few other posts in this forum that Baltimore has a huge surplus of section8 housing and too few tenants (at least compared to the number of units available, looks like 235 right n...
Hello All,I'm getting hit hard by the "slowdown" in Westchester, NY.I've owned my home for almost 8 years now. I bought it for $524,000 with a $417,000 loan at the end of 2010. I have a $3300 mortgage payment that's a...
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I know what ARV is, I just want to know how you evaluate deals.Some may strictly look at comps and place no value on upgrades others shoot from the hip. What ever your strategy I appreciate the feedback.
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so here is my 1st deal, please let me know your thoughts.4 unit multi, 3, 2 bedroom 1 bath apartments that currently rent for $600, and a detached 3 bed 2 bath SFH that is rented for $985.There is coin op laundry on g...