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24 June 2024 | 8 replies
My impression is everyone thinks costs are up, more and more people are fine with renting right now, and those that want to buy new homes aren't in as much of a rush.
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26 June 2024 | 32 replies
please do note fannie mae doesn't allow excess rent income more than DSCR 1.0 for primary house so you can't offset excess income for next primary or to reduce DTI so if you can plan it ahead carefully this could be the most profitable approach with the least risk possible.
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28 June 2024 | 100 replies
So the novice syndicator, yes he had a sponsor but they were a dime a dozen back in what I call the gold rush 20-22, tweaked his UW to close a deal.
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25 June 2024 | 125 replies
Within a 5 year time frame they know how to be ahead of the curve by well over 100k and more.
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24 June 2024 | 2 replies
So I told them to pay their rent on time.Then they went ahead and said the previous travel nurse didn’t pick up the dog **** and that their son had to go to the hospital because he fell in it and got a staph infection.
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24 June 2024 | 8 replies
This is why there can be muted market responses to actual Fed rate hikes, as the central bank often telegraphs its intentions ahead of time, to the point where the change is fully expected/estimated and thus “priced in” ahead of time.Key Economic Data Releases that Move Mortgage RatesHere are the key economic data releases that most affect Treasury yields and mortgage rates; understand these and plug them into your calendar, and you will be a mortgage rate magician in no time.Consumer Price Index (CPI)For even casual interest rate watchers, it should come as no surprise that the monthly Consumer Price Index (CPI) release is key to interest rate movements.
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23 June 2024 | 20 replies
I probably won't be able to come on 4/17 since I'd be coming from Milton and it's over an hour away during rush hour traffic but if you have more during the summer months, the day job is a bit slower so that would be doable.
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21 June 2024 | 33 replies
I see far too many people rushing to get out ahead.
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24 June 2024 | 26 replies
If you play with a free trial of Property Management Software (Appfolio Buildium Propertyware) you will have a great idea of what to expect and what you need to learn once you access Yardi.I would suggest you go ahead and apply for the job or start as a temp for a company that specializes in placing property management workers.
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23 June 2024 | 7 replies
If you are showing property only to one interested party at a time, I've found it best to tell them to call 30 minutes or an hour ahead of the showing to confirm they intend to show up.