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31 May 2024 | 149 replies
Put this into perspective, back in Dec23 when rates dipped mortgage apps skyrocketed. 2 of my 3 lenders said they had more apps in Dec23 than Apr23-Nov23 combined.
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23 May 2024 | 13 replies
Analyze Your Risk Tolerance and Goals: Are you looking for quick profits, long-term passive income, or a combination of both?
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24 May 2024 | 42 replies
Thanks Paul,I've found quite the opposite.We buy lists and cold call, buy cheap, renovate fair and sell for market value.I see investors buying crap on the MLS, spending too much on rehab and are into the property for 30% more than they would be if they just bought turnkey.But that's in my market at least.For example, we are selling B class for sub $100,000 and I'm seeing folks buying D class for $80,000 (That needs work).It's mind boggling to me and for the first time in 10+ years it got me thinking the market will go to $%@ if this keeps happening.You mentioned "No wonder we go for realtor-contractor-PM self-help way rather than blindly trusting a one-stop-shop to make the most for us".This in my opinion isn't true turnkey.It's a hybrid model that I see many doing and who is to blame if things go South?
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23 May 2024 | 7 replies
The combination of lower interest rates, accelerated amortization, and the income potential from renting out spaces within your property can set the stage for remarkable wealth generation.And for those taking the plunge into first time homeownership or those implementing the buy-one-house-per-year strategy with primary residence financing, remember that strategic moves today can lay the foundation for a robust and dynamic real estate portfolio tomorrow.Here's to unlocking the full potential of your real estate ventures - may they be as rewarding as the strategies you employ!
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24 May 2024 | 100 replies
Quit with the history crap and comparisons to previous downturns in economy, no new set of variables in the future are going to be 100% correlated from previous times.
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23 May 2024 | 52 replies
I wish they could find a balance between finding a real problem and scaring the crap out of a buyer.
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22 May 2024 | 2 replies
Combined with your homeowners insurance, you can have as much as $1.5 to $2 mil of liability coverage for a property.
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21 May 2024 | 58 replies
Try pulling this crap in CA and see if the DRE has a problem with it.I’m also glad that “Lee leads with Christ and ethics.”
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26 May 2024 | 102 replies
The sad thing is it sounds like it's a combination of greed and FOMO...Total nonsense.