I’m hearing on the internet, television, and BP the lending standards for big banks are starting to change. Some theorized prices for housing will fall, others think nothing will happen and we’ll all go back to our on...
This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...
I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
Just got an email from my PM stating that they will offer tenants a $75.00 discount if they pay rent in April or May. From first glance i am okay with this. I think this might weed out those that won't pay due to Co...
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?
Wanted to get some Californians’ prospectives on the real estate market and owning property here during this current political climate and the overall situation in this state. I just informed my tenants we are selling...
I have held a triplex in Berkeley since 2002. It was the third property I purchased. It has about $2 million equity and a $550K principal balance. It is like a very extended BRRRR. I am finally ready for the refin...
I am in my 180-day period for a 1031 exchange with $2mm in escrow and two properties under contract: a stabilizing self storage deal in a small but growing market and a NNN deal with three QSR (two credit quality nati...
I am based in New York's Hudson Valley and interested in buy and hold investing with a focus on smaller multi-family properties. My wife and I purchased our first property last year; an older 3 family in a busy villa...
I am in the process of buying 3 duplexes that are undervalued because of rents. They are renting for $800-850. Market rents for this size in this neighborhood. should be 1100-1200. Once you purchase how do you rais...