Rich Weese
Now I understand why flippers are having to work
I saw an article on Phoenix TV yesterday that explains the current market for discounted properties. I know the local Phoenix BP members have been working much harder to find "good " deals and much smaller margins.
2...
Jay G.
Is there a Rent Bubble? What could cause Rents to plunge?
Have you thought about this much? Do you have any specific indicators you watch in your local area, region, or at a national level to gauge current health of rent rates?How much can rents drop (%percentage) before it ...
Bryan Hancock
Quick Model Template - Small Apartment Complexes
I used Josh's new file vault this evening to upload a beginner model for evaluating small apartment complexes. I would appreciate feedback if people want to take a look:
Pro Forma Template - Small Apartments
Hopefu...
Caroline Gerardo
Declining Home Prices In These Cities
Sharing the Freddie Mac Worst Cities in terms of declining values. Boom towns zoom towns going down. Probably time to sell in Boise.
Richard Warren
Soros sees no bottom for world financial "collapse"
NEW YORK (Reuters) – Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.
The rest of...
Jeremy Scott
Contractor Advice
Hello,I am finished with my first rehab and the home is now under contract. Thankfully, we will make some profit but I have learned something about contractors: they always OVERpromise, and they UNDERdeliver.In our sp...
Brett Hennessy
Tired of USAA Insurance BS
Anyone one else experiencing a decline in the quality with USAA Insurance?
Twice now I have been quoted a price based on a 30 minute discussion of property details only to have the rebuild cost go up 20% a month or t...
David Flores
RV Park - Texas - Permian Basin - Good Long-Term Investment?
Hi BP World,I came across an interesting deal that I wanted some advice on. Mainly for those involved in RV parks in Texas. The RV park is located in Permian Basin where there is currently a ton of activity. The RV pa...
Brian Ellis
Should I lower the rent?
Ive had about 50 or more inquiries on my rental over the last two weeks. After I pre-screened, Only 5 of them have actually showed up for a showing, and a few filled out the online application that I had to kindly dec...
Mark Douglas
Crash or Correction?
I've heard people recently mentioning that the US is headed towards a market correction. In what ways is this different than a full crash, like in '08?