Hello all! Long time browser, first time poster here. My business partner and I have been slowly accumulating rental properties in Central Ohio for the past 5 years, we currently own 20 units total, mostly single fam...
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Meaning, in my city, prices have moved forward so aggressively that they have made up for all of the 2008-2010 losses, and there is still somewhat low inventory. Two things kind of concern me - one, the way constru...
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I recently joined BP after having been enjoying the benefits of great information and discussion across the site. My background is in retail banking and I've since moved to a management role at a fintech firm but I'm...
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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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Dear BP community,I just made an offer on a fourplex and am looking for negotiation advice. The property is in really good shape and had a new roof done on 2014. The area is a B- neighborhood so it will not be too d...
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Humblebrag - I just bought a house (on 2 lots) on Monday this week for $1,000! It is in a small town about an hour outside of Omaha, NE. It is by far the cheapest property purchase I have ever been involved in. She i...
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Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market. Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...
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Let me start by qualifying the title of this post with a couple statements. First, I’m not talking about your neighborhood specifically, although given a long enough period the title is likely to be very close to app...