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30 December 2024 | 1 reply
It's a combo of low housing supply, higher interest rates vs. seller expectation, and a poor economic outlook for the country.As an investor with a few rentals it's like like the parking brake is stuck on.
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30 December 2024 | 4 replies
The renovation shows on TV reinforce that.
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30 December 2024 | 819 replies
Eventually, the supply of essentially free house and/or suckers runs out, or law enforcement catches on, or some combination of those factors.
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28 December 2024 | 12 replies
Just remember that $70 is the gross number they charge , they have to buy supplies , insurance , tools , vehicle , gas , workmans comp etc .
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6 January 2025 | 5 replies
Due to inflation and the drastic increases in material, labor, and supplies, that's naturally caused carriers to rethink limits/values on file.
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21 December 2024 | 12 replies
I provide a Smart TV or a Roku.
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2 January 2025 | 7 replies
I think the unsuccessful and struggling units who have not jumped ship yet will continue to do so, leading to less supply, increasing demand, and a better year for the successful units.
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7 January 2025 | 12 replies
.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.
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12 January 2025 | 54 replies
Affordability is one of the biggest challenges in today’s housing market.I believe smaller, more dense units are part of the solution:1) Buyers can only afford smaller homes in today’s economy.2) Denser units maximize the land available, increasing housing supply to help offset demand and ultimately bring costs down overall.It’s not just about building more, it’s also about building smarter.What are your thoughts?
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3 January 2025 | 14 replies
The supply and demand are pretty balanced.Most of our growth over the past 5 years is from in-migration from more expensive states.