Hey all,There have been a few articles on CNBC talking about new home sales plunged 25% in recent months (YoY) and also today there is an article talking about existing home sales also seem to trend down comparing to...
Can you talk about in what condition you are buying properties, and how are you buying them?I really want to go down this road for my next investment but it seems a lot of the properties I see that would be "BRRRR-abl...
Hi BP, when I open any forum or social media the hot topic is upcoming housing market crash. But I don't understand what does "CRASH" means in real state. Is it like stock that will go down 30-50%? Looking at the hist...
Apparently the White House is pushing for national rent control. Landlords with 50 units or more would be limited to a maximum of 5% annual rent increases. The linked "fact sheet" is, well, oddly light on facts. For s...
Every investor no matter how experienced was a "newbie" at one time....everyone had a point where they were starting out. For all the NEW INVESTORS out there....what IS your biggest fear and how DO you plan to overco...
Hi all, first time posting here.I have been listening to the BiggerPocket podcast for a few months and would like to get my feet wet.There is an opportunity, close to where I live in Los Angeles, which asks for 2M. In...
Hi, my name is Michael and I'm new here. :)A little background.I am what I call an accidental investor. Basically, I bought a condo in San Mateo but I had to move out of the area for work during the housing crash. I c...
I have lived in the San Francisco bay area for the last 15 or so years, and am anxious to start doing some buy-and-hold investing. However, it seems that price-to-rent ratios are solidly over 30 in my area, and gener...
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
Welcome to our question of the week! Based on last week's responses, we have a lot of lurkers that have not purchased their first property. Buying the first, or even second and third can feel pretty nerve wracking. So...