Sima Meh
Should I buy a property with mice problem and likely mold in the basement?
5 November 2024 | 11 replies
Mice infestations, especially in the attic, might indicate damage to insulation, wiring, and wood, which could become a major repair if the damage is extensive.
Rafael Ramos
Seeking Advice On Real Estate Investing
5 November 2024 | 9 replies
You don't give any indication of what you can afford, so it's hard to give you much more advice than that.When asking for directions, it helps to know where you are at and what mode of transportation you are using (foot, bicycle, Ford F-350, Porsche 911, etc.), and where you want to end up.
Collin Corrington
San Antonio 2025: The Alamo City's Tech-Driven Real Estate Renaissance
4 November 2024 | 1 reply
Projections indicate a potential 1.7% dip by July 2025 [3].
Dan Ashley
Brooklyn, NY – am I crazy to start here?
9 November 2024 | 23 replies
For instance, a property in Windsor Terrace purchased in the year 2000 for $140k is now worth $1.2 Million, conservatively.A more recent purchase, a Brownstone I purchased in 2015 for $900k and renovated for $300k, so all in for $1.2k is worth $2 Million now.Do keep in mind that past performance does not indicate future performance.However, these kinds of numbers are very typical from 1998 to now.When I was teaching, I used to ask my Investor Students, "What is a Bargain?"
Scott Meech
Determining Quality MTR
5 November 2024 | 34 replies
If so, that's a good indicator that there's demand for MTRs.
Laura Casner
Sourcing Capital for a large downpayment - Advice on common offerings and rates
2 November 2024 | 1 reply
His note seemed to indicate it was an unsecured line of credit so I wouldn't touch that with a 10-foot pole.The short answer is: everything is negotiable.
Jay Hurst
The fed just cut mortgage rates right?
7 November 2024 | 14 replies
Mortgage Rates are dictated by the bond market more or less, fed funds are typically a trailing indicator of the T Bills.No, your rates not going down.
Eric Fernwood
Will the Election Result Impact the Housing Market?
5 November 2024 | 6 replies
Louis]Single-family home building permits serve as a leading indicator of future housing supply trends.
Kaitlin C.
PadSplit investment outcomes
4 November 2024 | 24 replies
@Kitty Walker- As an investor, I've refinanced multiple Padsplits and co-living properties (where we go direct to tenant without Padsplit), and I generally agree with your last statement, with some caveats:- if the renovation is done well, the appraiser may not even say anything that would indicate it is an "abnormal" SFR (has happened multiple times with me)-the investor may be wise not to make the house crazy- just leave a nice open living room, put double doors on the dining room so it can function as a bedroom now but be easy to convert later, etc.
Shaun Boti
Insurance Policy During Construction Phase
31 October 2024 | 2 replies
I reached out to an insurance broker today and he had indicated that we would need a constructions insurance policy for the renovation phase of the project.