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...
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...
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...
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...
Hi everyone. So I close on a duplex (I’ll be occupying one side) next week in a nice neighborhood where I live here in Wisconsin. I feel like I got a pretty solid deal on this property considering the market. Each sid...
Hey Bigger Pockets Forum People! My name is Ernie and I am a first time investor. I have been a Bigger Pockets Pro Member for a few months now and am really trying to be cautious while trying to make my first deal wit...
Good morning everyone. I am a veteran about to use my VA home loan to purchase a property, but I have a couple of questions about what to buy and where. First, a little bit of preliminary information. I am currentl...
Hi Hudson County, NJ investors, any solid property manager you can refer for multi-family investments? This is for two buildings, 3 units each in West New York and Union City, New Jersey. What % of gross rent should...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $270,000
Cash invested: $54,000
I purchased six doors in March of 2022 - my first multi-family purchase. Tons...