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28 January 2025 | 1 reply
There is a lot of discussion about what jobs will be lost and created with AI. There is discussion that eventually no jobs will be necessary which is an entirely different discussion. I can think of some obvious cit...
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24 February 2025 | 0 replies
The residential lease market in Arlington County, VA, from January 2024 to January 2025 has experienced some changes:- Units Listed: The number of units listed decreased by 1, a 0.64% decrease, from 157 to 156.- Listed Median Price: The listed median price increased by $75, a 2.78% increase, from $2,700 to $2,775.- Units Leased: The number of units leased increased by 9, a 6.67% increase, from 135 to 144.- Sold Median Price: The sold median price increased by $75, a 2.68% increase, from $2,800 to $2,875.A slight decrease in units listed indicates a minor reduction in supply year over year, while an increase in units leased suggests a rise in demand.
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11 February 2025 | 7 replies
I called a lawyer but they didn't even know as it was too specific of a situation.Want to avoid putting myself in a bad spot and make sure I handle ESAs well in the future.
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19 February 2025 | 32 replies
It also does NOT pay more than market rent.
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2 March 2025 | 4 replies
BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat)The BRRRR strategy allows you to recycle your capital by using financing to acquire a property, improving it to add value, and then refinancing to pull your money back out for the next deal.How BRRRR Works: Buy – Find an undervalued or distressed property (potentially off-market or through wholesalers).
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21 February 2025 | 2 replies
I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.
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25 February 2025 | 4 replies
In this market small multi families are not traded frequently meaning they do not have comps for these properties.
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21 February 2025 | 6 replies
It was on the market for a long time because it didn't qualify for conventional financing will it being unlivable.
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10 February 2025 | 3 replies
Insurance is a lot trickier and somewhat state specific.
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19 February 2025 | 17 replies
I suspect you are in a much more affluent market than I am.