C Gamero
Grandfathering a str in a neighborhood that no longer allows it
11 September 2024 | 4 replies
My issue is that in our area if vacation rentals are not allowed the property values plummet!
Ivana Ivanovic
Help me figure out if I am crazy or...
18 September 2024 | 35 replies
@Ivana Ivanovic most Turnkey Companies took advantage of the drop in prices after the Great RE Crash in 2008-2010.While values plummeted, rents didn't, allowing Turnkey companies to buy properties relatively cheap, fix them up and still sell at a profit due to relatively high rents.Around 2016, they could no longer do this with Class A properties, so they moved to Class B.Right after COVID, they were forced to move to Class C properties.What do you think most of them are doing now to justify selling at profitable prices for themselves?
Marc Uber
Seeking advice for starting out in real estate investing
5 September 2024 | 15 replies
During the 2008 financial crash, property prices plummeted, but our clients experienced no decrease in rent or vacancies.My point is that the tenant segment your property attracts makes a huge difference in income reliability.What do I recommend?
Roberto Westerband
First Lien HELOC Strategy
8 September 2024 | 168 replies
@Spencer ColesIn short, the housing market dropped like a rock, I had a +$1.1 million dollar home that had plummeted, two over inflated sfr rentals and a commercial where house.
Nicholas Henry
Taking name off the deed, keeping it on the mortgage - ruin my credit?
26 August 2024 | 9 replies
So:Am I right in guessing that if I sell her my stake in the house and take my name off the deed, but I leave the mortgage alone (with both our names on it), my credit score would plummet?
Elaine Goepfert
PLEASE HELP...being foreclosed on because property is upside down
20 August 2024 | 81 replies
However, the area has plummeted in value and I'm now upside down on this house.
Eric Fernwood
July Las Vegas Rental Market Update
16 August 2024 | 2 replies
When prices are high, more people are forced to rent, which results in increased demand and rising rents.Inventory has been frustratingly low and is not getting betterSales inventory plummeted at the beginning of the year and has remained below one month in Q2. 6 months is considered a balanced buyer/seller market.
Matthew Sichel
Time to refi or wait a bit longer
5 August 2024 | 6 replies
My lender called me this week saying FHA rates have plummeted and can lock me in at 5.6 if I refied.
Alan Asriants
NAR Settlement - HOT TAKES
9 August 2024 | 184 replies
Theyll be out of business too in the next 18 months most likely as their stock continue to plummet.
Account Closed
Cracking the Nut on Big Bear Lake Airbnbs
25 July 2024 | 1 reply
Occupancy in big bear plummets when the ski resort closes around April, then heals a bit in summer for lake season.