Mike Hurney
Homes for Sale increase will stabilize/lower Purchase Price$
This morning Boston Globe 9/13/2015:Home sales likely to stay strong this fall Based on the number of Massachusetts homes coming on the market 7,524. the most since mid 2007. This was supposed to ease prices (Suppl...
Neil Narayan
Pending Home Sales Notch Record-Setting 44.3% Monthly Increase
Pending home sales mounted a record comeback in May, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic, according to the National Association of Realtors...
Dave Aiken
Rent Increase and Possible Sale of Property in 2022
We own a two family duplex. We have long term tenants of 4 years (rent $1300) versus new tenants paying $1500 per month. Both units are yearly leases. We had planned to increase our long term tenants rent but with ...
Gordon Cuffe
Number of homes for sale increased for june 2024
It looks like we are trending towards a more equal seller/buyer market place. The number of homes for sale on MLS increased to 28185 in May 2024. We only had 1833 homes for sale in May 2023. I hope the number of homes...
Daniel Wang
Hello, I just bought a duplex and have some questions.
Hello BP members, My wife and I just purchased our first investment property. Both of us have 9-5 jobs. Here are my questions1. Shall we hire a management company to manage our property to free us some time to learn a...
Drew Petro
Car Wash Asset - What Am I Missing
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Chris Clanton
Wife is an Agent I am General Contractors income tax implication?
Hello all, I am just starting out in the rehab market. After reading through page after page of IRS documents I still feel that I am missing something. If we purchase a house cash and I rehab using my Contractors lice...
Justin S.
Long Term Strategies
Hey BP. I currently own about 10 rentals, and am actively purchasing more. The goal is to get to a steady cash flow that pays all of my monthly bills and then some, and then benefit in the long term from mortgage pay ...
Roger Simons
Room rental to more than one person?
House hackers: Have you noticed if many people in your area are attempting to rent rooms to more than one person (not a couple)? I've noticed a particular demographic that is active in this area but not many others (...
Account Closed
Contractor Self Funding for Flips
I've had an idea running through my head for a few days now. I would like your feedback. I am a custom cabinetry sub-contractor in Los Angeles that has been part of several high end flips. And by part, I mean that I w...