hello everyone, I'm a newbie looking into my first investment. I currently have been centering my search in more middle class areas, but the prices are a bit high. my question is this. how is it going into low income ...
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Does anyone have an investing strategy of buying and holding property in low income neighborhoods? I have heard the saying, “the poor” need housing too. I am curious if anyone has made a niche out of this type of inve...
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I'm curious to know what you think? We have a rental condo collecting very little cash flow ($200 per month). The reason why we kept it, was bc it used to be our primary home and we can sell it until the end of 2023 a...
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National Association of Realtors Chief Economist Lawrence Yun recently wrote an article stating that we're in a "Bizarre Market" in which he stated "With a strong economy and the lowest unemployment rate since 2000, m...
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Picked up this house in Redford Mi on a bankruptcy deal for $58k. Redford is 15 min west of Detroit. Decent area where homes sell for ARV of around 80-150k depending on size/location. Redford is in the Livonia/Westlan...
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http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...
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Hello BP Community.Currently we live in Hawaii (stationed here with the military), but it looks like we might get out soon. For the first time in a long time, we're faced with the option of moving wherever we want. We...
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I purchase a new property in 2007 for $186,000 to be used as a rental property from day 1. The property was initial rented for $1300. Hindsight is 20/20 and not good investment, but I'm trying to figure best way to...
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Hi all, I know it has been about a month since I have been on. Had some medical issues (all fixed).
I am still sitting on 4 properties and getting very discouraged. I made the classic beginner mistakes and am hop...
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Hello fellow BiggerPockets members,I find myself in a bit of a bind with my real estate investments. Last year, I took an aggressive approach and purchased six rental properties in the Midwest, specifically in the Cle...