Kyle Thomas
What are the best resources for identifying market metrics, data, and trends?
29 November 2024 | 3 replies
., shifts in pricing, demand-supply changes).Analyze local or regional real estate data.Identify key economic indicators impacting the housing market.Stay ahead of demographic changes or migration trends.Do you have any go-to platforms, datasets, books, or even strategies that have been especially valuable?
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
He is enticing people into paying more than the minimum, it is no more complicated than that.Pay mortgage payment = 22 years of payments (in his summary)Pay mortgage + HELOC principal + HELOC interest = 9.6 years of payments (in him summary)There is nothing wrong with it, it is behavioral economics.
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
2 December 2024 | 32 replies
"I have a very simple criteria for when an area is gentrifying as opposed to just generally improving: If it makes economic sense to buy (at market price) and tear down an existing structure in order to build and immediately sell a new building, then the area is gentrifying.
Christopher Morris
Out of State Investing - How to Analyze
28 November 2024 | 8 replies
@Christopher MorrisTo assess a market, consider population growth, job market, economic growth, rent-to-price ratio, cost of living, school districts, and growth benchmarks.
Elisha Johnston
Cleveland and/or Columbus area
7 December 2024 | 33 replies
Columbus is going to be the best option for a market that's seeing a lot of economic growth with heavy appreciation and a little cash-flow in certain areas.
Carlos Ptriawan
Don't become passive investors
1 December 2024 | 91 replies
The great financial crisis of 2009 was a "massive crash": meaning all real estate asset classes went down at the same time and stayed down for multiple years.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
The economics simply do not favor the investor.
Julio Gonzalez
Opportunity Zone FAQs
2 December 2024 | 11 replies
A QOZ is an economically-distressed community where if certain conditions are met, it may result in deferment of capital gains tax for investors.
Chris Seveney
Happy Thanksgiving - Lets Stir The Pot With My Unpopular Opinion
28 November 2024 | 1 reply
In a way, depreciation creates a disconnect between the tax code and the economic reality of real estate.Some argue that depreciation accounts for wear and tear.
Jasmine G.
Financing first rental
3 December 2024 | 10 replies
If rates do go down significantly, it will be more of a sign of economic instability.I recommend continuing to save monies until you come up with enough for a decent down payment.