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19 June 2024 | 6 replies
I'm telling people what I wish they'd tell me if I was in their shoes.2.
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19 June 2024 | 42 replies
@Jay Hinrichs: Yep, you've been really good about posting on the "down side" of Subject To and I read your posts.The challenge is that there is a ton of people on Youtube talking about how easy Subject To is, then when someone hears that a lot on youtube, then discovers Bigger Pockets and assumes Subject To is all rainbows and roses, we have to keep educating them to keep them out of trouble.
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18 June 2024 | 0 replies
So, for example, a release of an “all items index” rise of 3.4% for April 2024 means that prices rose by 3.4% when compared to prices in April 2023.Remember that while the overall number is important and comparisons to the prior year and prior month are key, the main factor that affects interest rates (and thus, mortgage rates) is the number (percent change year over year) versus expectations.
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16 June 2024 | 2 replies
There are some situations where a well-seasoned investor can borrow 100% of the purchase price and come out smelling like a rose, but only because they have the experience and they can absorb the loss if they screw up.Increase earnings.
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20 June 2024 | 69 replies
I dig it.. is it all wine and Roses hell no.
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15 June 2024 | 54 replies
(reply below on 1/3/2018)1/3/2018 - E-mail from Rose stating they are working on the December 2017 violations notice; | Marion County Notice1/5/2018 - I write Clayton asking if it’s true that Oceanpointe PM lost its licence in Indiana; he says it’s not true.3/5/2018 - I write Oceanpointe PM and let them know rent was late; Karen Schnabel writes back with an apology that the invoice was not sent out by mistake.3/16/2018 - Karen from Oceanpoint sends an automated invoice that says, “vacant” dated 3/20/2018; Copy of PDF Invoice AttachmentIt was noticed during the research of the timeline of events that every single invoice ever received from Oceanpoint was titled exactly the same: “Invoice 0001131 from Oceanpoint Investments LLC”3/27/2018 - I write to Charles the County inspector asking for more time to fix the property and my intention to change PM;3/27/2018 - I speak to Charles the County inspector on the phone.
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13 June 2024 | 0 replies
The May 2024 market report from the Austin Board of REALTORS® (ABoR) shows that the median home price in the City of Austin rose 11.6% to $608,438 over the past 12 months.
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13 June 2024 | 2 replies
-Single-family home sales declined 1.5 percent year-over-year;-Days on Market (DOM) for single-family homes went from 49 to 45 days;-Total property sales were down 3.1 percent with 10,175 units sold;-Total dollar volume was statistically flat at $4.3 billion;-The single-family median price edged up 1.5 percent to $345,000;-The single-family average price rose 3.6 percent to $443,970, which is a record high; -Single-family home months of inventory registered a 4.0-months supply, up from 2.7 months last May;-Townhome/condominium sales continued to decline, falling 9.8 percent, with the median price climbing 12.1 percent to $241,600 and the average price up 7.5 percent to $281,777.
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14 June 2024 | 14 replies
Thank you for that insight, if you where in my shoes, what course of action would you take and why?
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12 June 2024 | 4 replies
Or new shoes (ok, that may be a good thing for someone with whom I share a closet 😬).