Justin Moy
A Small Underwriting Detail That All Passive Investors Should Understand
20 March 2023 | 1 reply
If you have higher vacancies due to pushing rents too far too fast and a bottleneck in being able to turn units you could expect to see higher vacancy rates especially in those early months of ownership and if the sponsor group isn’t well capitalized enough to carry those expenses and debt payments, it could put the property in jeopardy.
Michael R.
Do these loan costs look high?
27 May 2016 | 9 replies
Once you reach this point your expansion bottleneck shifts from PITI vs.
Marshall Magnus
Can this help you self managing your properties?
11 March 2022 | 3 replies
I did budget that house to be run by property management but I plan on self managing until it begins to be a bottleneck for me.
Steven N.
Hey BP, looking for some direction
18 June 2015 | 20 replies
Potentially bottlenecking profitability ?
Michael Auguste
New Home Construction Demand 'Quickly' Dries Up
28 July 2022 | 7 replies
New housing starts unexpectedly plunged more than economists projected in June as home builders grappled with the effects of rising interest rates curbing demand for new homes, according to data released Tuesday, adding to signs of an abrupt turnaround in the booming housing market.KEY FACTSThe number of housing starts, or new houses on which construction has started, fell 2% to about 1.56 million last month despite average economic projections calling for an increase of 1.4%, the Census Bureau reported Tuesday.Building permits were slightly above expectations, coming in at less than 1.7 million, but fell from May and are down from about 1.8 million in April.In emailed comments after the release, LPL Financial chief economist Jeffrey Roach said housing starts declined because demand is “quickly drying up” from higher borrowing costs as the Federal Reserve raises interest rates, though he expects home building activity should hold up despite the grim outlook.Pantheon Macro chief economist Ian Shepherdson was less optimistic, pointing out single-family starts and permits both fell by 8% in their fourth consecutive month of declines and noting construction activity lags sales, which in turn lag mortgage applications.Mortgage applications have collapsed more than 25% this year, he adds, suggesting single-family housing construction "needs to fall by [another] 20% or so over the next few months” to be more in line with demand.The latest data comes one day after the National Association of Home Builders reported the second-worst single-month drop in home builder confidence on record, driven by ongoing production bottlenecks and high inflation that have pushed the cost beyond its market value in some cases.KEY BACKGROUNDHistorically high savings rates and government stimulus measures helped ignite a home buying frenzy during the pandemic, but signs of a slowdown have quickly emerged as the Fed embarks on its most aggressive interest rate hiking cycle in two decades to curb high inflation.
Kathy Argento
Investing in Short Sales?
26 May 2015 | 7 replies
The bank is almost always the bottleneck.
Buyan Thyagarajan
Strategies for purchasing rental properties with 20% down
12 February 2019 | 1 reply
I am struggling with coming up with 20% down payment for every property which I look at from 150 to 200k which is a bottle neck for me.
Alsee Mccray
Banks are not giving deals
30 March 2017 | 4 replies
Several years ago they wanted to assure they sold quickly, and under-priced slightly to keep the inventory moving quickly to prevent a bottleneck of too much inventory they couldn't handle.
Nathaniel Barnes
What is my first step investing in real estate with little cash?
22 May 2020 | 3 replies
That's the bottleneck in all of this.
Jewel B.
Purchasing a Property: The Key to Moving Quickly
15 December 2022 | 4 replies
In this market, properties are sitting on the market for longer, so speed isn't as stressed as it used to be.Either way though, your bottleneck for speed of submitting an offer will be on the agent, not you.