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29 January 2025 | 12 replies
Despite rate cuts, we aren't seeing the lending market agree with their expectations on inflation.
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24 January 2025 | 7 replies
I don’t want to just cut cost though I want to understand what I’m doing and be super hands on.
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8 January 2025 | 2 replies
pid=2141Houston Real Estate Highlights for December and Full-Year 2024:-Following two consecutive years of declines, single-family home sales rebounded in 2024 with 85,163 single-family homes sold compared to 84,038 in 2023 an increase of 1.3 percent; -Total property sales for full-year 2024 were statistically flat at 101,864 units while the total dollar volume increased 3.1 percent to $41 billion;-December single-family home sales climbed 16.3 percent year-over-year with 7,162 units sold;-Total December property sales increased 13.6 percent to 8,478 units;-Total dollar volume for December rose 20.5 percent to $3.5 billion;-The single-family home median price edged up by 1.3 percent to $334,290 while the average price increased 5.0 percent to $425,150;-Single-family homes months of inventory expanded to a 4.0-months supply;-The townhome/condominium market experienced declining sales throughout 2024, and in December, volume declined 5.8 percent, with the average price up 2.5 percent to $268,152 and the median price statistically flat at $234,250;-Townhome/condominium inventory improved from a 3.5-months supply to 5.4 months.
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30 January 2025 | 19 replies
It's not easy, as I said we dance the razors edge of profit and loss and last few years it's not been very profitable despite sizable growth.
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18 January 2025 | 17 replies
Just looking at Zillow I’m having a hard time making the numbers work between prop taxes, insurance, management on 20% Down vs cash currently earning 5% (albeit that 5% going away soon with rate cuts) To be completely honest, there's not much right now that will give you decent cashflow without getting into a full rehab.
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16 January 2025 | 31 replies
Although Baselane doesn't have a formal app I find it very mobile friendly, I use it on both my iPhone and IPadI think Baselane has a slight edge over Stessa so I think I'll start with them and switch to Stessa if it's not working for me.
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27 January 2025 | 7 replies
Joe its all about NPV and rate of return for investors.. either way your going to take a pretty big hair cut out of your equity to do what your wondering about.
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13 January 2025 | 5 replies
., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
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23 January 2025 | 6 replies
You need to get in touch with a lawyer as soon as you can and figure out how to cut off the tenant/landlord relationship.
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6 January 2025 | 1 reply
Obviously I want to keep my costs low but still want to spring for amenities that would give me a competitive edge compared to other rentals.