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Took a chance on a young lady with 4 kids, as many landlords know, kids can be very detrimental to a property. A large percentage of landlords discriminate against children in the application process... I decided not ...
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I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
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The topic says it all: say you could invest in residential (multifamily, with maybe a few house flips here and there) up to 500k. Where would you go? I'm sick of Chicago's property tax hikes. Looking for markets that ...
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
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Rehab newbie here. We started demo on one unit in our new fourplex today. The kitchen alone had 4 different types of cabinets, 2 mismatched counters (that were connected) and once we tore up the first layer of floorin...
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Hello BP Community. I wanted to share a recent experience I encountered in a wholesale transaction that fell apart on me in closing. I want to share this experience so that maybe from hearing this it can help to educa...
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Hi all,I'm planning to buy my first long term rental, a single family resident in the next 3-6 months. I'm in the Bay Area houses here are very expensive for me to start with. I have relatives in Houston, TX and did t...
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BP,Kinda freaking out a little, just made my first offer on a property from 700 miles away in a town I've never been to, on a quadplex I have no intention of ever seeing in person. To clarify this would be my first in...
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I'm looking for some benchmarks for figuring out how different areas in intown and near OP Atlanta are classified (A, B, C, D areas). I bought my personal residence 'across the tracks' in the City of Decatur 20 years...
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Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market. Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...