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In Kansas City, the single family home prices dropped 20% in 2008 in many areas and the inventory and day on market increased dramatically. When the next downward cycle hits, what are the: 1) Key drivers (economy,...
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Hi BP Community!As you know, real estate is a constantly evolving industry that is influenced by a variety of economic, demographic, and technological factors. In recent years, the real estate market has experienced s...
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Hi BP,
As an investor-friendly real estate agent that has gained an immense amount of knowledge and resources from this forum, I like to contribute as often as I can and share with you deals that I find/analyze in t...
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Hey there! I have a chance to buy a significant amount of property in Alaska (fishing lodge) that goes hand in hand with my fishing guide business. The numbers work really well; however, this is my first "big" swing...
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We recently put a 7 unit apartment building under contract. During the inspection we saw evidence of mice, roaches, and active termite infection in the basement under the floor. We are new to investing. We need...
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Hi All!
It's been a hot minute since I've been on the BP forums but just wanted to share something I'm involved with this year. I normally would not hawk a conference or product, but SECO is a great event and is a no...
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Hello All,I been working from home since this virus thing started. I own 3 rentals ( 1 in Austin. 2 in Phoenix) and I do not have any primary or secondary residence as I move a lot for my job. I think I pretty much wi...
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Supply and DemandSupply is down 74% from January 2020!!!! That is 3,800 less properties on the market than last year. STOP ----------- and let that sink in. Jan 2020 = 5,251 inventory Jan 2021 = 1,369 inve...
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Hey everyone! I’m a completely new to RE and currently in the process of analyzing different markets. Have a question about HCOL vs LCOL areas. If this is a common knowledge that a one can expect to get $200/mo from o...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $193,500
Cash invested: $1,500
Sale price: $262,500
This was an off-market deal from a referral (roofing contra...