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I have two C-class properties, no mortgage. I paid about $120,000 for both of them.
I also have a B-class property. Cheap mortgage, with balloon payment of $140k due in 2 years.
The B gives easy, stable, and r...
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Big news, syndicators: This morning, the SEC adopted amendments that expand the definition of 'accredited investor'. This has been a LONG time coming. The changes will be effective 60 days after publication in the Fed...
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* Data from: http://www.riliving.com/PressReleases/SalesStatsArchive.aspIf you bought a multi-family in 1988, you were flat if you sold in 2013. You'd really hope you'd seen some good rental income in the meantime!Wou...
What areas can I look for a STR similar to rental income from the Gatlinburg area? We had a cabin but sold it in 2019. Now looking to get back in but the prices of cabins have doubled.
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Two weeks ago I closed on a distressed large SFH in a small town 1hr from me. My plan was to rehab and resell as a SFH. Now I've learned there is good potential for converting it to a triplex. It's a 2300sf two story ...
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Appraisal Risks – Part 2: What Do You Mean the Appraisal is “Too Good”?
This is part 2 of a 2-part series on appraisal risks. In Part 1, we discussed what to do if an appraiser undervalues your property. In Part 2, ...
Me and my wife have been shopping for our first investment property in the Buffalo, NY area. I am very familiar with the area and I am excited to see the area growing. Our immediate goal is to buy a multi-unit and hou...
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Can 30yr conv mortgage rates go below 2%?If not how low can they go? Interested to hear the comments from other BP members.Thanks
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In 2024, back-to-school and back-to-college spending has dropped as consumers adopt a more cautious approach following the pandemic surge. The National Retail Federation (NRF) reports declines of 6.5% in back-to-schoo...
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The buzz around the country right now is the shifting economy and that is no different in the real estate sector. With the Fed raising the overnight interest rates and implementing Quantitative Tightening (QT) to comb...