Investor · Milwaukee - Mequon, WI · Member since 2010 · 5k+ posts · 7k+ votes
Maybe it is just me, but it seems to me like you can see ebbs and flows in the BP forums. There are times when a lot of people are posting very interesting questions that are worth having a discussion. And there are times like right now when there is nothing of substance.
Not trying throw anyone under the bus here, but: how much should I list my house for / how can I insure my rental properties against nuclear war / how can I get started with no skills and no money - are not really great topics to debate..
Does this line up with what's going on in the market? I had several people reach out to me with the question for my YouTube channel how the stock volatility and tariffs are impacting the Milwaukee market. Short answer: still running very hot, but only residential, investors are to scared right now.
Wondering how BP website traffic goes up and down over time and how that correlates with the market. Would be cool to see a 10 year chart!
Huntsville, AL · Member since 2018 · 577 posts · 864 votes
1y
@Marcus Auerbach - agreed - the discussion about my local market on BP has come to an absolute standstill - the majority of the Huntsville investors from years prior that were active on the forum have completely vanished from BP - likely because the market here simply isn't conducive to investment right now (unless you spend a lot of money on sourcing off market deals and outside of an occasional flip), and so people are either on the sideline, or have pivoted to investing in another market area. We've bought absolutely zero in the local market over the past year, and only have found 3 properties even worth making an offer on (which were unsuccessful).
@Marcus Auerbach - agreed - the discussion about my local market on BP has come to an absolute standstill - the majority of the Huntsville investors from years prior that were active on the forum have completely vanished from BP - likely because the market here simply isn't conducive to investment right now (unless you spend a lot of money on sourcing off market deals and outside of an occasional flip), and so people are either on the sideline, or have pivoted to investing in another market area. We've bought absolutely zero in the local market over the past year, and only have found 3 properties even worth making an offer on (which were unsuccessful).
Looks like your median is now $314,000 - that is quite expensive, I was surprised to see that. But BP is nationwide, so that should not matter as much. It seems to me that most posts here are from people who want to get started and don't even know what questions to ask. Read a few books is really the best you can tell them..
Maybe it is just me, but it seems to me like you can see ebbs and flows in the BP forums. There are times when a lot of people are posting very interesting questions that are worth having a discussion. And there are times like right now when there is nothing of substance.
Not trying throw anyone under the bus here, but: how much should I list my house for / how can I insure my rental properties against nuclear war / how can I get started with no skills and no money - are not really great topics to debate..
Does this line up with what's going on in the market? I had several people reach out to me with the question for my YouTube channel how the stock volatility and tariffs are impacting the Milwaukee market. Short answer: still running very hot, but only residential, investors are to scared right now.
Wondering how BP website traffic goes up and down over time and how that correlates with the market. Would be cool to see a 10 year chart!
Very astute observation IMO, there's definitely trends. There's not many posts in the flipping category that I can offer any good advice. I'm assuming that volume of transactions are low, and strategies are changing?
Maybe it is just me, but it seems to me like you can see ebbs and flows in the BP forums. There are times when a lot of people are posting very interesting questions that are worth having a discussion. And there are times like right now when there is nothing of substance.
Not trying throw anyone under the bus here, but: how much should I list my house for / how can I insure my rental properties against nuclear war / how can I get started with no skills and no money - are not really great topics to debate..
Does this line up with what's going on in the market? I had several people reach out to me with the question for my YouTube channel how the stock volatility and tariffs are impacting the Milwaukee market. Short answer: still running very hot, but only residential, investors are to scared right now.
Wondering how BP website traffic goes up and down over time and how that correlates with the market. Would be cool to see a 10 year chart!
Very astute observation IMO, there's definitely trends. There's not many posts in the flipping category that I can offer any good advice. I'm assuming that volume of transactions are low, and strategies are changing?
Yes, even though the market would favor good flips I think. Speaking for my market, ten years ago the flip model was gut rehabs, now you go broke with that, because you can't get the purchase price low enough to reflect the SoW. In 2025 I would pick ugly, and "paint and stage". You definitely don't have to worry about not finding a buyer!
There have been very few posts about real acquisitions for the past three years. It's mainly just talk about "the market".
At least the market gives us stuff to talk about. As an agent, I have never seen such low transaction volume as we have right now in Milwaukee. At the same time we see prices go up 11% in Q1 YoY. Very strange.
Scottsdale, AZ · Member since 2019 · 434 posts · 248 votes
1y
@Marcus Auerbach - 100%. I can definitely feel the difference in the forums over the past few years. Definitely ebbs and flows depending on buyer/investor sentiment.