We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
Many people are familiar with 'survivorship bias' when it comes to mutual fund investing, the basics are this: a fund company may start many funds over its lifetime with different strategies. The ones that do poorly...
Well i have many many questions for this wonderful resource. I will limit myself to one focus here though. To preface this I am talking about buy and hold properties. It seems that most investors featured on the podc...
Today there was an article in a local paper here in Chicago that put out some results of studies if people were biased.
One thing that interested me was a test that has been conducted like 600,000 times where people...
What strategies do you use, if any, to avoid confirmation bias? It is so easy to just read up on things that confirm my viewpoint and avoid counterarguments that challenge my beliefs on a given market, strategy, prop...
Hey everyone. I just posted my first intro post and here's a quick #2.Last night I attended J Scott's excellent Negotiation webinar. Thanks again for that J.At some point he mentioned he had had lots of conversation...
I'm looking at a property in Philadelphia that would need a full gut rehab. I want to BRRR it. Purchase price is 99k, renovation cost is ~100k. ARV maybe 270-280k. My question is regarding the appraisal value. It's lo...
I recently had a r/e agent tell me that their firm only transact with bank qualified buyers. Is this normal and why only bank qualified?? Or, was that person just being a jerk on a Friday🤷🏼♂️?