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4 January 2023 | 0 replies
Demand is starting to stabilize and even showing a few signs of a slow recovery.
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30 January 2019 | 7 replies
(Ex: Sales prices may be 10-15% higher, but rental rates are 25-50% higher.)Here are just a few opportunities:Buy some LTRs and rent to people displaced from their original rentals;Buy some LTRs and rent to people who are here to do recovery/rehab work;Buy some STRs (furnished, I mean) and rent for 3-12 months to people redoing their homes;Buy some STRs and rent for 3-12 (or longer!)
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31 August 2022 | 27 replies
Those that claim anonymity - my guess is they want to be like celebrities - I have worked for several billionaires and many who are super wealthy - none go through any type of anonymity -only ones I know have been athletes and celebrities, oh and one women who I can see why as she was a Rockefeller.
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16 July 2022 | 0 replies
Top metros for job growthA review of the latest Bureau of Labor Statistics data shows only 12 of 389 metro areas posted a decline in job growth between May 2021 and May 2022.The average metro recorded a 3% increase, and 38 metros had year-over-year job growth of at least 5%.Illustrating the tourism industry’s continued recovery from the pandemic, Orlando, Las Vegas and Atlantic City, New Jersey, ranked among the top five metros for job growth.Best states for job growthAll 50 states and Washington, D.C., experienced year-over-year job growth of at least 1%.The Sun Belt once again led the way, with Nevada, Texas and Florida topping the list for percentage growthhttps://www.bizjournals.com/au...
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15 January 2023 | 70 replies
2 - Action that costs money, that you won't recover, is worse than not taking action at all.
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22 December 2022 | 4 replies
I play baseball at Jacksonville University and I am looking to kick start my real estate journey while I am still in college. I would like to buy a house and be able to rent it out to my teammates and once I graduate ...
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6 October 2021 | 1 reply
“Given where we are in the economic recovery and since we’re not completely out of the woods with COVID and supply chain issues, I think the government will avoid at all costs creating a political nightmare that would put more pressure on the economic recovery,” said Liz Young, head of investment strategist at SoFi, an online personal finance company.An unresolved debt limit could also mean a spike in mortgage rates and other consumer borrowing for Americans.
8 April 2016 | 12 replies
IMO, worse case is a Tax foreclosure with right of recovery.
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8 March 2020 | 29 replies
One buys all cash, and the other using 20% down.REI #1: All cashCost to REI = $100kCash Flow per year: $10k# of yrs to cost recovery: 10Profit after 10 years: 0REI #2: 20% DPCost to REI = $20kCash Flow per year: $5k# of yrs to cost recovery: 4Profit after 10 years: $30kThis doesn't include the ability to buy added properties when each REI gets to their "numbers"...$20k and $100k.
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29 April 2019 | 49 replies
I recall reading in the Washington Post about a year or two ago an article about how African-American homeowners were not benefiting as much from the housing recovery.