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 ...
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?
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 ...
hey everyone i went to the bank and applied for a loan to see what happens and i was approved for 150k what would be the best move for me as i have never bought realestate before and have income only from my business.
I’ve been following the Bigger Pockets movement for a few months now and I’m getting closer and closer to making my leap into real estate. One road block/scare I’m facing is vacancy. Once I get the deal I want and hav...
I'm new to BP and last week had my offer accepted on a 3-family house in Irvington, NJ. I I calculated a $4,800 monthly income (3/1,3/1,2/1) with $2934 in expenses (including P&I) and with a cash flow of $1864. ...
I am interested in a 8 family in Springfield Massachusetts. It is an off market deal. The seller is willing to do seller financing with a reasonable rate for 70% LTV.I would like to offer him this: I will get a loan f...
My first post :D
I have been lurking on this site heavily for the past month and would now like get some feedback on my current situation. I have 2 properties that were bought as a beginner with limited education. ...