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11 August 2024 | 49 replies
So presuming you are on the "add one rental a year plan" after maybe buying 4 with the money you have, I would think it would take a number of years to achieve that retirement goal - but your mileage could vary depending on how much income you need to live on.
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8 August 2024 | 2 replies
Some do not.So, I'll ask again "What is the source of your data?"
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8 August 2024 | 17 replies
Does anyone know of any STR data tools/reports that show this kind of info?
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10 August 2024 | 10 replies
And, Side-X-Side is the hardest and rarest layout to achieve when converting from a SFH into a small-multi.
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9 August 2024 | 4 replies
This is somewhat a loose metric for our current business model. 25% is just a arbitrary number with no science or data to support it.
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8 August 2024 | 4 replies
These options allow them to control expenses better, attract similar tenants, and often achieve higher rents with lower costs.I believe there is a promising market for purpose-built attached single-family homes for rent in Worcester.
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9 August 2024 | 18 replies
•Financing challenges: Extracting equity and taking on new mortgages require careful financial management to avoid over-leveraging.My Questions 1.Do you think this plan is realistic and achievable?
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8 August 2024 | 0 replies
Here are some data points below from the past month:🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.63%30-year VA rate today is 6.20%💰 Median Sales Price:May: $475,995June: $485,000July: $487,483📈 New Listings:May: 2,141June: 1,920July: 2,032📅 Median Days on Market Until Sale:May: 12June: 13July: 14📦 Months Supply of Inventory:May: 2.4June: 2.3July: 2.6
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8 August 2024 | 14 replies
Quote from @Robert Ellis: I think a lot of this data for miami is wrong. it's not a buyers market or even close to a buyer''s market.
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8 August 2024 | 29 replies
For some, simply holding the portfolio you own and paying down the debt satisfies their investment objectives but someone like yourself who is looking to scale can't achieve that at the pace you may necessarily want if your real estate is stagnant on appreciation unless you have additional sources of cash you can throw at new acquisitions.