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26 June 2024 | 9 replies
Slow and steady and safe is the best way to invest.
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26 June 2024 | 9 replies
It has started to slow down slightly with more inventory coming available in my area and now that I’m asking higher prices.
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27 June 2024 | 26 replies
Although I have plenty of carry-over depreciation for now, if I decide to slow down in the future, it will help offset my taxes to a significant degree.
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25 June 2024 | 7 replies
Hey I'm located just under an hour south of Sac but I currently have a few listings in the area, full disclosure I'm not a lender, but from what I understand you could still qualify for 3-4 units even with Interest rates at high 6's - low 7's.
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27 June 2024 | 11 replies
Slow and steady still wins the race.
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28 June 2024 | 21 replies
@Natalie Vane Hello Natalie, you are young and passionate you have the thrive and ambition you are a good women but you need to slow down.Marriage and real estate are very similar: For both you need:AttentionTimePatientsAttentionand love
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26 June 2024 | 65 replies
Properties were coming up like crazy in February but it has really slowed over the past couple of weeks--assuming this is largely because so many places are booked so well as @Alice Horn mentioned.
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25 June 2024 | 14 replies
I just tested JustCall, it was too slow.
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25 June 2024 | 7 replies
Here’s a detailed breakdown of these two types of markets and the factors that contribute to each:Cash Flow Market, a cash flow market is one where rental income exceeds the expenses of owning the property (mortgage, taxes, insurance, maintenance, and property management), resulting in positive monthly cash flow for the investor.Key Characteristics:High Rental Yields: Properties typically have high rental yields compared to their purchase prices.Stable or Slow Appreciation: Property values increase slowly over time, if at all.Lower Property Prices: Generally, property prices are lower, making it easier to achieve positive cash flow.Higher Rental Demand: Strong demand for rentals due to economic factors, demographics, or local employment conditions.Factors Contributing to Cash Flow Markets:Economic Stability: Stable job markets and steady local economies that support rental demand.Rental Market: High percentage of renters compared to homeowners.Affordability: Affordable property prices relative to rental income.Local Policies: Landlord-friendly laws and regulations.Appreciation Market, an appreciation market is one where property values increase significantly over time, offering substantial capital gains upon sale, but rental yields may be lower, resulting in lower monthly cash flow.Key Characteristics:High Property Value Growth: Significant annual increases in property values.Lower Rental Yields: Rental income may not cover the monthly expenses, leading to lower or even negative cash flow.Higher Property Prices: Generally higher property prices, which can make it harder to achieve positive cash flow.Strong Economic Growth: Rapid economic growth, population influx, and development.Factors Contributing to Appreciation Markets:Economic Boom: Strong local economy with job growth and high-paying industries.Population Growth: Influx of people moving to the area, increasing demand for housing.Infrastructure Development: Significant investments in infrastructure, amenities, and services.Desirability: High quality of life, good schools, and attractive neighborhoods.I hope this information finds you well.
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24 June 2024 | 6 replies
Your equity is not a savings account from which you can withdraw whatever you want.