12 September 2024 | 12 replies
I've attended many local meet ups and haven't deducted any costs or kept track of mileage.
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10 September 2024 | 1 reply
Chad Littell from CoStar notes that while institutional investors adjusted their strategies early in response to rate hikes, individual investors have only recently begun scaling back.July Sales ReportAccording to CoStar’s July Commercial Repeat-Sale Indices (CCRSI), the equal-weighted U.S. composite index, tracking smaller market sales, showed only a 0.2% price increase from June, with prices down 0.7% year-over-year, marking the first annual decline since 2012.
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9 September 2024 | 22 replies
This has had the dual negative effect of artificially inflating prices and putting buyers in precarious financial positions.In Worcester, we have seen properties with $6k a month in rent sell for as much as $720k which has directly contributed to a run-up in prices which has priced out most first-time buyers.While the intention behind the Fannie Mae 5% down program may have been to help first-time homebuyers, it’s essential to consider the broader impact on the housing market and buyer stability.
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11 September 2024 | 13 replies
PLUS, when you raise their rent from $2,000 to $2,600 in year 5, just to stay on track with losing $18,000 guess what happens.
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10 September 2024 | 10 replies
Every metric a STR owner should be tracking is impacted (significantly).
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9 September 2024 | 12 replies
The payback is around 7 years.Yes I know about submetering and all but trying to keep track of all that lots of work.
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10 September 2024 | 2 replies
Many accredited investors may not be in real estate specifically.Consider starting smaller to build a track record.
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13 September 2024 | 20 replies
He said, "Start tracking your net worth now."
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12 September 2024 | 21 replies
That's my personal style; not threatening or hostile, but more of a " hey, lets see if we can get this back on track, otherwise you'll probably have to move back in with your Mom...".If your money is so tight as the landlord that you are maximally stressed over rent coming a few days late, you need to work that out on your end and not create a problem where there really isn't one.
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8 September 2024 | 0 replies
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