Chris Snow
Flip or Keep? Great comps, possibly too much work at current ask
16 September 2024 | 2 replies
Be cautious about overpaying, even with seller financing.
Sanjeev Advani
August 2024 Payroll Insights: Job Market Resilience Amid Economic Adjustments
16 September 2024 | 0 replies
Economists note that job growth in typically underreported industries fell by 42,000 compared to the 6-month average, suggesting August’s numbers may understate actual gains.Key Employment GainsConstruction: +34,000 jobs, driven by heavy civil engineering and nonresidential trade contractors.Healthcare: +31,000 jobs, though slower than the past year's monthly average of 60,000.Social Assistance: +13,000 jobs, with more modest growth compared to previous months.Other growing sectors include financial activities, wholesale trade, and government (+24,000 jobs).Job Losses and Sector StrugglesManufacturing: -24,000 jobs.Retail: -11,100 jobs.Temporary help employment continues to shrink, reflecting business uncertainty.Wage and Fed Policy ImplicationsWages rose by 0.4% in August, up 3.8% year-over-year, supporting a cautious approach by the Federal Reserve on deeper rate cuts.
Joel Barjon
Easy Street Capital
16 September 2024 | 22 replies
Thank you Mike - we've certainly been a bit conservative lately on the bridge front, which has served us well as a lot of competitors have stretched and gotten into trouble, planning on cautiously but smartly expanding and improving on the bridge front soon
Palmer Thomas
Using paid off rental as down payment for DSCR loan
16 September 2024 | 8 replies
Having access to the funds without needing to refinance again could save on fees and give you flexibility when another opportunity arises.However, if you’re cautious about carrying extra debt with no immediate deal in sight, taking only what you need now might provide peace of mind.
Stacey Wells
How to Handle Earnest Money Deposit (EMD) When You Don’t Have Immediate Funds
15 September 2024 | 10 replies
Just be cautious and make sure you have a solid plan to pay it back, as this can be risky if the deal falls through.3.
Tim Phillips
Advice on buying my first rental
14 September 2024 | 12 replies
As such, anything 3+ stories and older, you need to be VERY cautious and understand when and if the study has been performed, what they found, and if there are any resulting special assessments.
Lily Wang
Is it really possible to charge 2 to 2.5 times more for furnished MTR compared to LTR
16 September 2024 | 24 replies
Be cautious, those inflated numbers are often used to sell courses.It's smart to base decisions on your market research.
Erica Calella
STR Buy/Sell Trends 2025
16 September 2024 | 18 replies
Their underwriting has also become more conservative and cautious.
Travis Dumont
Fannie Mae 5% Down Program
12 September 2024 | 4 replies
Additionally, you can "house hack" by buying a new primary residence every year, but be cautious not to genuinely occupy each property.Good luck!
Saleh Riazi
My Experience Investing in Columbus OH.
15 September 2024 | 31 replies
Account Closed, I didn't mean to scare anybody away from Columbus but rather provide some factors to be aware and cautious of.