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Hello BP!
I've got another question, which summed up is: How do you decipher if there is a good market in an area?
My hometown is kind of a ghost-town that has taxed itself to death, so I've been lookin...
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So I found a triplex for sale in the Madison area that has three units and each one has been occupied for 15 years. It is clear to me that the rent has not been raised in a very long time. The gross rent is currently ...
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The numbers just came out. Austin metro is clocking in at 2.8% unemployment. Last month it was also 2.8% unemployment. Year over year the unemployment decreased from 3.2%. The cumulative labor force expanded over the ...
Why and does it matter?
When properties go up in value, property taxes go up with the "value". When housing prices go up, obviously you pay more to buy houses and it becomes more difficult to buy. Income taxes incre...
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I am a bit of a new investor, currently have 5 units under 2 roofs, but have a 5 unit building I am eyeing and I am not exactly sure how to quickly BRRRR it to get my initial investments back. There are definitely som...
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http://www.forbes.com/sites/timworstall/2015/08/02/uber-reduces-capital-concentration-and-increases-the-number-of-capitalists/I thought this article was an interesting one and wanted to share. Tim Worstall writes abo...
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I recently looked at condos in NYC and the vast majority had carrying costs of almost twice the rental rates. Also, a number that actually sold had renters that were paying $1K a month less than the carrying cost. St...
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A recent forum post (Dollar-Cost Averaging Applied to Rental Property Acquisition) has me thinking about market phases: Recovery, Expansion, Hypersupply and Recession. (Boring and academic, I know. Bear with me.) Many...
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A few months ago it was announced that Amazon would be building a large distribution center in our area (Akron, Ohio).I am interested in hearing from others on their experience with Amazon coming into area and its imp...
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Ever since I watched "The Big Short" I've been intrigued by the 2007-2008 real estate market crash...and while I know that the crash was caused by loose lending standards combined with ARMs, uninformed borrowers, limi...