Desiree Rejeili
How Home Equity May Help You Buy Your Next Home in Cash
30 December 2024 | 0 replies
To put a more tangible number on it so you can think about what that really means for someone like you, CoreLogic shows the average homeowner has $311,000 worth of equity built up.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Qualified applicants that get priced out of rapidly improving neighborhoods will move into these areas but it seems like they aren’t biting.High quality, lower income applicants aren’t stupid and they won’t settle.If you think this area is a losing proposition, I would think about selling and not banking on hope.In regard to vacancy, I don’t consider any area that has average occupancy (economic and physical) below 95%You might pay more for a better area but time will treat you right and you’ll make a ton of money in equity over the long term.
Jonathan Greene
5 Reasons You Aren't Making Connections With Clients on BP as an Agent
30 December 2024 | 12 replies
And some markets are going to be a lot more popular for the average BP member ( which to me is heavily slanted to starting out) At least from the post we see.
Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
I say calculated because we are still within our first year of operations so I wouldn't be able to tell you what the actual average stabilized returns are until I have enough data.
Jorge Lopez
BiggerPockets app change my iPhone and the BiggerPocket app ?
20 December 2024 | 41 replies
I'm excited- I'm sure the community will be thrilled and it will quickly be a top downloaded app.
Marcus Auerbach
Mortgage rates going up. Is the market expecting inflation?
24 December 2024 | 25 replies
On average, we see rates eventually drop to around 37% lower than where they started at the 1st cut by the end of the rate cut cycle.
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
10 January 2025 | 12 replies
I think you should be paying about 10.5%-12% on average right now, 1-2 points as well, and some lenders will not even need an appraisal.
Ashley Mierez
Investor Insights Wanted: How to Present ROI and gain investor confidence?
24 December 2024 | 5 replies
This requires union tribune subscription, but many San Diegans have that subscription https://www.sandiegouniontribune.com/2024/12/16/home-flippin...To summarize, average purchase price was $760k, average sale $915k.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
It is much higher than the average rent per unit in most of the country.
Jorge Abreu
Evaluating Property Managers
28 December 2024 | 1 reply
A good bonus structure can turn an average manager into an all-star.