All Forum Posts by: James B.

@Douglas Skipworth @Derrick Craig @James Wachob

With a duplex, is there a sweet spot in terms of rent that will bring in a quality tenants?

I would think that rent over, say $800/month, would have most tenants opt for a SFR over a duplex?

Thanks 

@Chris Mason

Can't answer your questions because I don't know the intricacies of the project-I'm just happy for my friend to bring it to market.

Yes, the Bay Area is expensive!

Let me try that with an active link

http://www.212-12thave.com/Financials.pdf

@Kevin Brackett, @David Greene, @Chris Mason

Here's what you can expect in San Mateo on a 4plex:

https://www.biggerpockets.com/forums/311/topics/289613-thrilled-to-share-my-friends-bay-area-4plex-with-bp

@Douglas Skipworth @Derrick Craig

On a Memphis duplex, does the PM charge 10% of monthly gross rent per unit?

How does it work, can you please explain?

Thanks!

Thanks for the thread @James Park

This website should be valuable for those in the So Cal market:

http://www.doctorhousingbubble.com/

I agree, these are interesting times when it comes to monetary and fiscal policy, which affects us as investors. Really, it's is just a confidence game- I look at the US Dollar and it has serious flaws. Who knows how long the dollar will be the world reserve currency? Will there be a viable gold-backed cryptocurrency, a SDR (Special Drawing Right), "North American Currency" as the BRICS nations, Asians and Europeans have their own?

How will our properties be valued?

Too many possibilities to consider! Jim Rickards, and G. Edward Griffin are two great authors on these subjects.

@Brian Lacey

With deflation, interest rates, cap ex, and other costs should drop along with rents, no?

@Jeff Robert

Just last night, I asked my friend who is an agent on the SF Peninsula if he sees prices dropping and he said that he's still getting multiple offers and $300k over asking....

Personally, with my rentals, the property has to make sense the day I buy, and leave enough monthly cash flow to weather a down-turn. 

Thanks @Steve Lawson