How can people pay ever-increasing prices that exceed their income growth (buying or renting)? Why wouldn't they just build somewhere else? Before anyone hurls rocks at me!.. Here's the premise:
High-demand...
I'm curious to see how much of a myth the 1st Deal actually is.The Myth I'm referring to is "get your first deal and it's off to the races". As a new investor, I the more I listen to podcasts (and not just BP's) the m...
Everyone around seems to agree that recession's gonna come within 3 years with a high probability. If it's true, does it mean that it makes all the multifamily deals right now much worse than lets say 5 years ago? I s...
Hello and thanks for reading!I am located in Wichita, Kansas and I think we have a potential short sale opportunity The seller has a very nice home that is worth $249k and she owes 165k. I believe she is 65k delinquen...
So the house is worth $275,000 and the buyer, who happens to be a realtor wants to buy it, and get in quickly. She is having a tough time getting financing because she has been self employed for 1.5 years and not two....
I recently ran across Biggerpockets and immediately became hooked. I’m writing because of a unique circumstance and I’m hoping to solicit some advice from more experienced folks on how to best deal with it.Recently, w...
Do realtors make their commission based off of the price I negotiated with the seller? Or do they make their commission based off of the price my cash buyer bought it for? If it is the latter, then in my mind I'm thin...
Hi BP,I'm in the process of purchasing a duplex in LA. The owner passed and left the house to her 95 year old sister, who is selling it. The front unit is empty, but the back unit has been occupied by a couple and t...
This month the Indianapolis Council is to consider City Council General Ordinance No. 215. This proposal will require/mandate that all Landlords accept Section 8 vouchers and be subject to rules that go along with th...
Hello BP community!
Recently I decided to take this spring semester off from school to take the time and really decide if college / the degree path that I was on was really something that I wanted.
Currently I am ...