For those of us that have been doing this for a long time (25) years its crazy to see how much the rents have gone up in the last 5 years. When I started I had a 2 bedroom for $495 a month it took 20 years to get that...
I am debating my next move with my rental business. I am not that big. I have 3 total properties and 5 doors, 2 multifamily properties and a single family. My goal is to retire off of my monthly rental profits and ...
With the inflation we’re seeing, what are your predictions on the RE market? Which markets do you think might take the biggest tumble? Smallest tumble? Do you think any market is safe from a market fall (not sure it’l...
The Thursday before Memorial Day weekend. This is the slowest Memorial Day weekend, in terms of occupancy, that we have experienced in 19 years of business. Many properties are unrented, even at heavily discounted rat...
The Fed has announced it plans to buy $600 bn worth of bonds over the next several months to plug money into the system, stimulate lending, etc. Do you think QE2 will work, or just create inflation?
I recently received an email from one of my friends who works in real estate. He fears we are in a bubble and it could collapse at any time. The following is his message.Hi Tom,I had a good call with my friend John to...
As I was poking around at the relationships between jobs and potential predictors of job losses, I started looking at a mathematical representation of something less quantitative, that we are all familiar with. This s...
Hello Everyone,I wanted to get some advice on investing out of state. I currently reside in California, and it is more costly for me to get started in my area. I am considering looking at properties in the Milwaukee m...
The Fed is telling us that rates will continue to rise. Interest rate risk might be the most significant risk if you are borrowing.Look at a historical prime rates http://www.fedprimerate.com/wall_street_journal_pr.....
Two major real estate policies president Trump is supporting - Negative rates - (trump directly tweeted today)- Fannie/Freddy restructuring - ( more of administration support)These are two MAJOR influences in the mark...