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So I currently have 2 investment property's and am house sitting for a couple years. My parents have a friend that is selling their house and it is a monster. Its a 6k sq foot house in a terrible state of disarray. Al...
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I'm curious to know if there was any special tactic used to survive the '08 downturn. When the market crashed and folks were losing their jobs, I'm guessing some of the renters weren't able to make payments because of...
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Hi All,
So I had an idea to start an opinionated discussion of the state of the market as it stands today backed up with some facts that could help people who are starting out as well as help current investors gain a...
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Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
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I apologize ahead of time for reposting it from a other thread but I am curious about everyone’s thoughts on this one below?
If a property that is worth 5.3 million today at 6% cap approximately, can be bought at 5% ...
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Hi! I am sure this discussion has been brought up before, but I hoping to gain some wisdom from seasoned investors. I have heard several investors talk about "losing it all" during the 2008 crash. Is there a formula o...
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http://finance.yahoo.com/banking-budgeting/article/112698/housing-crash-getting-worse-marketwatch?mod=bb-budgeting
I couldn't believe that we are dropping in values everywhere but my Ft Myers area of FL. Interesting ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $314,000
Cash invested: $314,000
Sale price: $338,000
Fix and Flip I did with some partners in a Home Residence...
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What's up everybody!
I am interested to see what everybody here was doing when the market crashed in 2007 and beyond.
What strategy could you recommend to successfully wholesale and flip during tough times.
Thanks! :)
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Investment Info:
Condo commercial investment investment in Pittsburgh.
Condo development with mixed use commercial and parking garage. Millcraft Investments was the developer. I worked on the sales team in 2...