I am definitely holding off buying real estate for now. There are too many signs suggesting that the Seller's market has peaked. I'm noticing homes staying on the market longer and have seen more price reductions here...
I have a question for my fellow STR specialists. First thought a story! :-)I recently traveled to Omaha NE and found out the Airbnb I was staying at was clearing $50K/ year!!! (It was a SFH with 4beds and 2 baths). I ...
There are pages and pages of discussion and opinions on cash flow markets (midwest) vs. appreciation markets (coasts). What I haven't read so far is a simple analysis of the numbers. Since I actually own properties in...
With the exception of community banks and credit unions, most would agree that banks still aren’t lending. “Hogwash!” some of you bankers who are reading this will probably say.
As a follow up to a post I did nearly...
I know what the definition of a cap rate is but for some reason it's not sinking in. Can someone please elaborate just a tad for me?
Especially @James Hamling , just read a market statistic and its mind blowing.The age of first time home buyer in California is now 49 years old, in 1980 it used to be 32 years old.In TX: 37 years old and FL is 42 ...
***WHY I AM DOCUMENTING THIS ***Before you read this post I want to explain why I am documenting this deal. I am where I am today because of the selflessness of a few people that had taken time out of their lives to h...
Please share your systems and tips for successfully running a low income investment strategy. Especially around rents, maintenance, evictions, tracking expenses etc.
I recently purchased a few low income properties ...
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
Why are cap rates so high in Wilkes-Barre? I know the population has been decreasing for a while, but what's going in Wilkes-Barre that's leading to such high cap rates (i.e. sellers willing to sell their properties ...