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When does everyone think the market will start dropping and for how long? I work in the San Diego Market, and we haven't seen any sales comps yet to support depreciating prices. I believe that since interest rates are...
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Hey BP family,I hope everyone had a great 4th weekend!I had found a deal here in Austin, TX and was talking to a private lender/partner about the deal (not on BP to my knowledge). This person ended up going around me ...
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Hey BP,I'm looking for some advice and/or for you to poke holes in my current situation. Let me preface this with the caveat that I know I would like to move elsewhere (maybe outside of Pittsburgh even) within the ne...
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I'm going to look at a 10-plex tomorrow....the basics are it's 10 x 1-bedroom apartments, in a U-shape around garden entrances, with street parking. Just over 5,000 sq feet. Units are renting for $625 each. Close t...
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I see the signs on the wall of a slowing economy, but I'm not seeing a huge drop in prices at least in NYC. What is everyone seeing across the country?
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I just had a Phoenix tenant report that she has bed bugs. She said she has thrown 3 beds away trying to get rid of them. I suggested that they probably followed her from the apartment complex that she came from and na...
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To clarify - GSA is the General Services Administration, a branch of the gov't that buys property (residential property) for gov't use and then will sell it later at auction to recoup their expense (is this accurate? ...
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Economic Update
(Monday, May 10, 2021)
Are you making love less? I thought so. Apparently you’re not alone. According to the National Center for Health Statistics, the number of babies born in the U.S. dropped by ...
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I have the chance to buy 3 multi unit properties owned by a seller who wants to retire. The seller is willing to do seller financing with the following terms:35% Down, 7% Interest, 7 Year BalloonThe asking price and r...
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Hello All, I'm looking to invest in multifamily property in FL. I have a few multifamilies in MA but want to try the FL market, any suggestions? where to focus? what price point/cap rate to expect? I greatly appreciat...