Mary Jay
What are your predictions for the RE market? 6.5% interest rates
Hi guys,There was a great topic on the real estate predictions. I cant find it.What do you think will happen with the real estate prices? Now the interest rates are 6.5% I see some prices are dropped may be 15K but st...
Jeff S.
Contract to buy with escape clause for seller
I have found an unlisted property that I really want to buy. Seller wishes she could refi her balloon loan, but she can't - 3 rejections and counting. And the clock is ticking. She promissed me verbally that if she ...
Taylor Green
How much should I change my accepted offer for recently unoccupied units?
Hi,
I have had my first offer accepted on a 6 unit (2 tax parcel) "fully leased" property. After my original offer was accepted, the seller informed me that two tenants are moving out in 4 weeks. I wasn't abl...
Gino Barbaro
Where do you see cap rates going over the next 24 months?
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...
Chris Seveney
My Top 5 - 2024 Predictions in Mortgage Note / Lending Space
Every year I like to provide some predictions on what I think will occur in the upcoming year as it relates to seller financing, mortgage note investing and the like. So here are my predictions, feel free to offer up ...
Ashley Mespelt
Occupations looking for Medium Term Rentals
My husband and I are looking into trying to invest in a property that would cater to people that would need 3-6 month rentals if possible. We know of traveling nurses that need that, but I was wondering if anyone knew...
Anne Williams
COVID HAS ONLY INCREASED MARKET PRICESS!!!
Greetings BP Family,
I remember when the Corona Pandemic first began, there was so much talk about all the opportunities to come, the lowering of housing prices, the sea of foreclosures to come ect....Quite Contr...
David Hughes
Help evaluating Mobile Home Park and strategy to increase value
This is the first MHP deal I have analyzed and would like to hear your opinions about it------------104 total sites, 68 owner-occupied, 36 vacant on 3.5 acres -On city water/sewer-Lot rent is $310 and at market rate-A...
Amardeep G.
Tenant claims he paid rent to the previous owner
So I just purchased my first rental property in early March. We had assumed that the tenant had paid rent to the previous seller for March and did not inquire regarding rent for that month (it was factored into the c...
Luis Lozada
Buying lists? Services I need for my marketing Campaigns
Hello all,
So I'm getting ready to start a marketing campaign and I was wondering if I should use a service like agentpro247 or listsource, or try my luck at going to the county and getting the run around time after ...