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I am on hold for buying any other properties in the USA
Venezuela outlawed ownership of more than 2 properties. The rest the government stole. Living in Illinois (currently) I am concerned about taxes. All my renters are working and on time with rents. The exodus out of Ch...
Marcus Holloway
City wants to buy my land
Hey BP, I purchased two vacant lots in NW Indiana 4 years ago and recently got a letter from the city stating they want to buy due to downtown renovation. As a buy and hold investor, I've never actually sold any of my...
Sweta Jain
Realistic income estimates for STR
We are debating between and LTR and STR in orange county CA. I noticed that rents for LTR are pretty high but still will not be enough for positive cash flow. STR looks like an attractive option but I am a novice in t...
J Scott
Fiscal Conservatism?
I'm all for fiscal conservatism (I really am), but those in power who have claimed to be fiscally conservative appear to either be lying or not very competent:
http://zfacts.com/metaPage/lib/National-Debt-GDP-L.gif
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Rich Weese
dominos falling?? What if???
Ok- subject is euros. Greece and Portugal are kinda messed up. Now, Germany and France are threatening to depart the euro. IF this were to happen, is euro dead? Are we(the U.S.) going to loan (read- give away) money t...
AJ Sekhon
PPP Multifamily ineligibility
Looks like the sba and treasury has denied multifamily owners from accessing PPP funding. Terrific...https://www.nmhc.org/news/press-release/2020/apartment-industry-urges-sba-and-treasury-to-amend-paycheck-protection-...
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Why I Avoid Investing in Michigan
I only invest where property rights are respected, such as Arizona and Texas. Here is a clear example of why. If you are a prospective investor in Michigan, reconsider what you are doing. Things will only get worse in...
Sid Franklin
How did Detroit go broke? Why did property values decline in Detroit? What about Chicago?
I live in Chicago and there's been a lot of discussion recently on whether Chicago could follow Detroit down the path of municipal bankruptcy. Many folks believe that because Chicago is much more diverse in its indus...
Rob Bergeron
8 Out of 10 New Apartment Buildings Were High-End in 2017
https://www.rentcafe.com/blog/apartmentliving/luxury-apartments/8-out-of-10-new-apartment-buildings-were-high-end-in-2017-trend-carries-on-into-2018/HIGH-END CONSTRUCTION BY CITY
16 cities are getting exclusively hig...
Austin Snyder
Master Lease Option Questions from a First Timer (Please Help)
Hello, I am working on my first multi-family deal as well as my first time working with a master lease option. It's a unique opportunity and even a bit strange so I'll provide some context below.It's an off market 50 ...