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Hey guys, I'm in the process of getting pre-approved for a mortgage and I'm strongly considering purchasing my first rental property in the Palmdale/Lancaster area... Truth be told, It's really one of the only areas I...
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Would you buy a property near a flourishing university with the intention of converting it into a student rental, if the general trend of property valuation is stagnant or slightly decreasing? The population in this a...
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Hi All,
I was driving around my neighborhood and I noticed a lot of for rent signs. I have a tenant who's lease is coming up in a triplex I own in the area, and they requested a $200 reduction in rent of of their c...
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For years I had a passion to pursue investing in real estate and I never got much traction until I was so clear in my mind on my desired outcome.In 2011 I quit my job and set out to buy and sell multifamily.Early on i...
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Hi all,At the risk of having analysis paralysis, I've been having a lot of fun culling US Census data from the past 10-15 years and assessing markets by the hard numbers.I'm about to do a big data pull (which is time-...
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I am new to BP and the REI market, I operate my own Agricultural Retail business, which keeps me busy full-time. For a long time I have had an interest in investing in real estate. Currently I am sitting on a chunk of...
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Sales Data for the Previous 6 Months
New Home Sales
November 2023
Sales: 150 (MoM: -3%, YoY: +5%)Median Sales Price: $325,000 (MoM: +1%, YoY: +8%)Average Square Footage: 2100 sq ft (MoM: +2%, YoY: +6%)Inventory: 18...
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Hi Experts,
I need some guidance. I am considering placing a bid on a home in an upscale area in Orange county Ca. The house needs a lot of work (the sellers agent estimates 4-500,000.00) it was involved in a...
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My husband and I are looking for rental properties. We would like to BRRRR but we live in the NorthEast. Prices are SO high here that for our first (well second, we had a 2 family in the past) investment I'd hate to...
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I am looking in the Sarasota area especially Siesta Key, Longboat Key, and Lido beach. I also see that Lakewood Ranch is up and coming. Can anyone give some insight and advice into this area? Thank you in advance.