I was just looking at a property and was amazed that the property taxes are so high!The house is on the MLS for $56,000 and the taxes are $6460 annually.Checking past tax amounts showed that in 2011 they were $14,498 ...

I was just reading another interesting discussion about cash flow vs. appreciation and the Midwest vs. the West coast and I want to make a case for a balanced approach, and I think my backyard -  Milwaukee - is a perf...

Hi all. Long time BP fan, first time poster. I own a SFH in Santa Barbara County (it's in an unincorporated area between SB and Goleta.)Ive had wonderful tenants since buying the property in late 2017 and have raised ...

Hi BP!I currently have one rental property (primary residence turned rental) and this will be my true investment property purchase and wanted to make sure I'm on the right track.Anyway, my agent who is also a builder/...

Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...

Bigger Pockets - I've listened to several BP Podcast about multi-family syndications and the success people are having.  They almost make it seem like it is a bullet prof investment strategy.  However, I want to hear ...

Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...

We closed on our second buy and hold this past Monday, December 29.  Here are the vitals:4/2 split level, single car garage, 1968 sq. ft.  Purchase price: $87,000 (all cash)Closing Costs: $1,000 Estimated Rehab Cost: ...

Economic Update
(Monday, June 14, 2021)
For a period of time between 2018 and the beginning of 2020, the “Real House Price Index” (which calculates inflation in the Housing Sector) was falling, because Americans’ bu...

I wasn't sure the appropriate subforum for this topic, since a few seem relevant.I decided to calculate ROE on 3 properties I own in Oahu, Hawaii. I used exact mortgage balance and used in-building comps to calculate ...