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Investment Info:
Large multi-family (5+ units) buy & hold investment in National City.
Purchase price: $5,700,000
Cash invested: $2,000,000
29 unit apartment building with one unpermitted unit. C...
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I'm currently working on development plans for two small office properties, one in Annapolis, MD and one in Washington, DC.
Cap rate on both , conservatively, would be approximately 7.2% ; that's at my sell p...
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http://www.msn.com/en-us/money/realestate/looking-to-buy-home-values-are-dropping-in-these-markets/ar-BBm5wE6
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Good evening BP,I just got done reading a forum on the increase in foreclosures and there was plenty of data points being discussed and debated. But while reading through, I didn’t see anyone discuss what they are doi...
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I'm considering investing out of state, and from what I've read here on BP, the best cash flow areas are in or around cities in the Midwest or South. Cities like Kansas City, Indianapolis, and Milwaukee frequently com...
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Hello all, First off, I would like to say that BP is such an amazing community. Before a friend told me about BP, never in my wildest dreams would I imagine such an amazing resource exists, where experts in real estat...
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A couple years ago I had an intern who was working on his Real Estate degree at UWM. He told me about his paper about the role of fresh water as a driver for economical development and why he would choose to invest in...
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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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Recently, I ran into this infographic. Very interesting predictions from Fannie, Wells and the MBA. If the forecasts are accurate, we are around the corner from another hot market with rates set to drop almost two per...
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A few active threads popped up on BP with the consensus being something like “hahahah Zillow lost a lot of money trying to flip houses…How dumb are they, lets all point and laugh’. Or lets make memes about them, becau...