Does anyone for see another housing crisis like what we had back in 2007. I heard economist Harry Dent speak on this about 3 years ago in Atlanta. He predicted a housing market crash sometime between 2016-2019. Let me...
I am a new investor and looking to get into my first rental property. I have a few different opportunities but my question is: for your first rental property, would you want something that cash flows good with bad app...
I’m in San Diego. My goal with purchasing a property is to reduce my rent to 2k or less/month while starting my real estate portfolio. I plan to hold the property indefinitely and to eventually refinance it for a dow...
Hello, I've been searching rental properties in Austin for the past 2 weeks and did not find anything that passes the 1% rule or has a cap rate over 7%. It's more like half of that.If you were to find a property with ...
My wife and I have been researching and visiting small multi-family properties in the Worcester, MA area. We're finding opportunities in the lower income areas but it seems most, if not all, barely meet the 1% rule......
We've recently sold a condo in Myrtle Beach and bought a new beach house in N Myrtle Beach/Cherry Grove and I'm looking for some top suggestions for features that guests love to see in a property. We thought we had do...
Hello! I am looking to invest in Multifamily Units with value add potential (12 or less units to start). I live in Santa Monica. I have been reading forums entries on markets and things to look for and am trying to...
Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...
I have a property in Hawaii which I've rented to some tenants who are making a mess of it, upsetting the neighbors, and incurring violations with the homeowners association. The lease ends November 30th this year, abo...
Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...