So there must be other places like my town. The average (decent shape) 2 family home is selling from 250k-325k. And the average rent is $1100-$1300. These numbers don't work out for the 1% rule. Everything I've ever r...
So you are told its impossible to cash flow in LA. Actually you can, it just requires slightly more cash down. You can also try lowering expenses, although that might barely make a difference.If data from Zillow is co...
I am constantly hearing "Get a REAL job". so i dont talk to anybody anymore. I am glad i found this group, now i can read, see what others are doing, and make connections. "get a REAL job" i inwardly smirk now cause i...
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...
Be careful out there people. Whether this is day one of the bubble popping or we have a few months left, everyone needs to reevaluate their holdings and future plans. The evidence is everywhere. Housing prices are qui...
Hey guys, over time I have taken lots of ideas from BP on finding motivated sellers. I compiled a list and am sharing it back with BP members. Enjoy!
Hey guys, over time I have taken lots of ideas from BP on finding...
I'M TIRED OF HEARING PEOPLE SAY THERE ARE NO GOOD DEALS WHEREVER THEY ARE AT!!!! BULLSH*T!!!! (You hear me @Aaron Mazzrillo azrillo?!)We're in the San Francisco Bay - allegedly one of the most expensive/overpriced mar...
Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market. Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...
Much ink has been spilled on the subject of Turnkey Companies. However, I do not think we have managed to identify top 5 Turnkey Companies in America. I know there are hundreds of companies - perhaps a good place to...