Rich Weese
Inventory of unsold homes in your area
I was told yesterday by a Phoenix realtor that the "valley" is down to a TWO months inventory of unsold homes. Is this accurate? Normally a 6 month inventory is thought of as normal or healthy. If this is true, prices...
Catherine Lacey
Grand Rapids Multifamily - to sell or not to sell
Hello! I am hoping to get some solid advice here :)We bought a 4-plex in Grand Rapids, MI in 2017, thinking it was a wise location for investment since we travel there 1-2 times a year to visit family. We got it for a...
Kevin H.
Is the "2% rule" a valid way to identify properties in expensive markets?
As a new guy around here, I just read the "Ultimate Beginners Guide" to real estate investment. One thing I found during my reading was the 2% rule of thumb for evaluating properties. This rule suggests that monthly...
Andrew Dincola
Newbie- Buy and hold in Denver or out-of-state?
Hey BP!I’d love to hear what successes or failures you’re having in quickly building your portfolio with cash flowing buy and holds in these expensive Denver and surrounding Colorado markets? I’m looking to determine ...
Tanner Kenneth Jenkins
Real Estate Location Decision
Hey guys, I am 21 and not married. Wherever I buy my first property at is where I will probably move to. I am open to all and any advice that you can give me. As someone who is looking to buy a rental property in the ...
Bryan Darge
New Member out of Chicago
Hello everyone I am out of the Chicago-land area and am excited to start investing in 2020. I am selling a single family rental next year and from that I will have a good size down payment for a great multi-family. ...
Kim Durst
Numbers nerd? Take a look at this. Would like opinions
Scenerio:We own a lakefront property and turned it into a short term rental THIS summer. Would you keep it or sell? Keep in mind....June, July, August this year was at $275-$325 Next year, our rates are $340 in the ho...
Michael Guzik
If you want something done right... Do it yourself...?
Howdy BP Community! I'm a beginning investor trying to house hack here in the best state in the country TEXAS. Sorry California, New York and Florida but you can't compete where you don't compare... ;) My question is ...
Al D.
Need Opinion from Birmingham PM or Attorney
Dear Abby (a licensed Alabama RE agent/broker, RE attorney, experienced property manager - sorry, no offense to anyone else, but I need just the facts from this post, not guesses.)First, the law as it is written:Secti...
Jae Jarmon
Funding for my first investment property while being a entrepreneur
I found a multi family four unit asking price is $224,900 and I had my realtor ask them if they would take $160,000 they said yes. Awesome right... One of the units is completely gutted they started a remodel and deci...