Aaron Gordy
Once again, Austin metro is the lowest in Texas for unemployment
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 ...
Account Closed
You Need $7,581,000 Today To Be Equal To A Millionaire in 1971 $1,000,000 - Why?
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...
Patrick Gibson
5 Units, now what do i do?
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...
Ben Staples
Turning Consumption Goods into Capital Goods
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...
Charles Worth
Q2 2015 Market Report: Manhattan Rents and Sales Prices Hit Record High
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...
Nolan O.
Market Phases: Is Vacancy Rate a Leading or Trailing Indicator
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...
Toby Jurging
Amazons impact on rental market?
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...
Treivor Cashion
Correlation in property values and rent
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...
Eduardo Bravo
Bringing up rents to market value portland
Hi biggerpocket friends!After spending a year researching and learning about real state I finally pulled the trigger and need help trying to figure out what to do with a property that I just got into contract in the p...
Shane Fisk
New to Knoxville
We will be relocating the Knoxville area and we are looking to get dome information on the area. What areas are the most desirable? What is the construction/real estate markets like? I don’t always trust what I can f...