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Gas prices are really starting to accelerate with the national average at $3.40, which is historically very high. Oil is only just over $80 a barrel, and I believe $150 a barrel was the ATH several years ago. GDP only...
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Hi all
Started landlording in 2018 and I have grown to 3 properties since then. I have never evicted anyone, or even terminated a lease, despite a few situations that warranted it.
As you may predict, that is my ...
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We all have different cleaning standards, but some people are just filthy! Below are images from an actual apartment that's been occupied by the same tenant for almost 30 years. He pays 15% below market rate but has n...
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Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...
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When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
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I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
Prices keep rising... it's a sellers market... signs of a bubble are pervasive but.. is it a bubble or has the market changed permanently.... thoughts?
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I live in Los Angeles and completely priced of this market. I'm having a hard time finding a good out of state location. My friend lives in AZ and suggested Downtown Phoenix. She said there are several districts there...
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A MUST read for ALL real estate agents!!
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Aloha all I am trying to learn more about real estate. I live in Hawaii and with the economy here it feels impossible to buy and turn a profit in this market. Has anyone had any success? Please share your story