(DKMC) (2/1/24)Crescent Mortgage Co. to shut down, lay off 65 employees (1/31/24)Heritage Bank to exit retail mortgage lending (1/25/24)UMortgage acquires Community Mortgage Brokers (CMB) (1/22/24)Country Club Mortgage to let go of 105 employees in Central California (1/17/24)Wells Fargo mortgage layoffs (ongoing)Truist Financial to close bank branches, cut mortgage jobs (1/8/24)Kinecta Federal Credit Union layoffs in El Segundo, CA (1/3/24)But are there any serious concerns in the Mortgage Market?

WiscoREIA has a group that meets in Rothschild at The Bar the third Monday of the month and has a Central Wisconsin page on Facebook.

I'm in northern Indiana and had a very efficient heat pump/central AC unit and when the outside temp got below about 40 degrees I had to use my forced air furnace as backup because the heat pump couldn't extract very much heat from the outside air to bring inside temp up and keep it comfortable.

Here are some details: Top bottom duplex Purchase price 440kTurnkeyDownpayment - 55k Both units vacant2/1 upstairs - $1500 market rent (long term)3/2 downstairs - $2500 market rent (long term)Newly renovated Central ACSeparate electric meter 1 water meterInterest only payment for 5 years - $2567/monthTax - $500/month (appox)Insurance - $150/month (approx) Cash flow - $391 (after taking into account vacancy, property management, maintenance and capex reserve)ROI - 8.5%No prepayment penalty If used as Airbnb, ROI can be higher

I'm in the Central Coast now.The cash flow is significant for us at ~$16,000 gross rents/mo and about half of that profit.

I am looking for expert STR management for a high end property in Central Austin.

Oil pump jacks are common in eastern Ohio but not Central OH this is the closest I've seen ever and in 10 years I've never seen one.

I'm in Central FL myself, are you in Tampa?

In the commercial world there isn't any kind of centralized data base, like the MLS.

The euphoria around centralization, consolidation, and tech was palpable in the industry.