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18 January 2025 | 1 reply
However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:For broader context, here’s a chart for 30-year fixed mortgage rates over the past 5 years:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.
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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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11 January 2025 | 1 reply
With your background in real estate (STRs and assisted living), commercial MAY make more sense and then if there are any residential deals you can take them as well.
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14 February 2025 | 15 replies
Going to do short term rental as well.
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9 February 2025 | 3 replies
For me it’s been a blessing and money well spent.
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8 February 2025 | 14 replies
In Ohio you can find a lot of single family in the $100-200k range or 2-4 units in the $150-400k range that do pretty well cash flow.
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5 February 2025 | 17 replies
My wife and I thought we had an easy opportunity for a double (baseball analogy) with a flip home in Lakeland, TN we were able to get well below market this past summer.
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9 February 2025 | 4 replies
It’s my first deal so I was kind of worried about it, but I feel more confident now about how to move forward with this property, as well as any future properties.
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14 February 2025 | 21 replies
The one negative is with multiple tenants in a house is potential for conflict among each other but could be reduced by screening all of them well.
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10 January 2025 | 6 replies
I am currently going to community college as well as in the process of getting my real estate license.