Hello BP,
SO as I am searching for property, I am wondering how this will affect prices, and the overall state of real estate.
Should I move forward and purchase or hold off for potentially better deals?
i am evaluating a multi-family investment opportunity in Houston. The financials make sense. What other key factors should I look into?
Economic Update
(Monday, March 29, 2021)
This pandemic has really exposed the fault lines in our workforce demographics. It has exposed the divide between those who can work from home and those who can’t (deemed e...
I received an email inviting me to be on the Clayton Morris podcast. Never heard of him or his podcast and am curious if anyone has listened to it. I went to his page and saw a huge red flag for me; Financial Freedom ...
I'm currently in discussion with two lenders to secure a conventional mortgage for a SFH rental property. I have experience with PennyMac, and they are currently offering the better loan estimate. However, Rocket Mort...
“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
how can a newbie find out when the RE will crash and how to come up with exit strategies?
This has already been briefly talked about on here but I wanted to run it by anyone interested in a discussion(especially lenders). The quick and general idea here is; you have some cash, create an LLC, have that LLC ...
just returned from deployment I'm looking at this property to buy, so i can focus on school, and not work
17 unit and 12 unit building
17 unit building mix
15 unit rooms at $328 a month paid week 2 units $640 mont...
SFH in established, nice, stable Houston neighborhood.
Asking Price: 170k
Rent Comps: 1650/month (19800/year)
NOI: 9603 with 50% rule after 3% vacancy allowance
I'm assuming 25% down with 6% on the balance.
House...