3 January 2025 | 4 replies
While rates may not decrease, the significant double-digit increases should level off.
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3 January 2025 | 0 replies
The findings are particularly interesting for those focused on the Columbus, Ohio market, which topped the list for both two-bedroom and three-bedroom rental searches.The report also notes a shift towards more apartment searches, influenced by the scarcity of single-family homes and rising interest rates.
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9 January 2025 | 21 replies
.)- Average days on market- Absorption rate- Historical data on rents and sale prices in the area- Population growth- Main economic drivers (industries, individual companies, etc.)- Crime stats... if you know specific zip codes/submarkets that you'd like to target, the best data will come from local precincts. - and more..I'd recommend remaining active not only here on BiggerPockets, but in other valuable RE investment networks that you can find - i.e. local meetups (meetup.com, eventbrite, BP local events).
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2 January 2025 | 1 reply
I've been reading more about subject to and here's what I've learned:-Good for sellers who are off market-Have low to no equity-Have a mortgage with a low interest rate (less than 5%)-Be absentee or out of state (vacant property, or have a tenant)The buyer would then take over the mortgage payments, and have the seller sign the deed over to the buyer.
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17 January 2025 | 23 replies
A property manager’s expertise in handling maintenance issues, dealing with tenant concerns, ensuring legal compliance, and keeping vacancy rates low can make a huge difference in the financial performance and sustainability of a property.
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31 December 2024 | 6 replies
With rates coming down should help some sellers off load over priced properties and will help buyers get aggressive with good class A and B locations.
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23 January 2025 | 15 replies
Also, insurance companies rate homeowner's differently from landlord policies due to the fact that you live there.
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31 December 2024 | 3 replies
@Jessica Frisk I would not be keen on the 15-yr fixed rate mortgage if that makes you cash flow negative.
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3 January 2025 | 0 replies
I know what seller financing would involve in regards to me (the buyer) having to pay a interest rate set by the seller and the monthly payments also set by seller.But what are the benefits of seller financing a property?
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2 January 2025 | 13 replies
You may not be able to cash flow with the current interest rates, but when they drop, you will see it.