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10 January 2025 | 0 replies
Since the last report, we have seen a significant increase to Median Price of New Listings, from $227,950 to $241,450.
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22 January 2025 | 203 replies
I suspect that is unlikely with the increased need for housing.
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16 January 2025 | 7 replies
Some strategies to get around are:1. leverage your current portfolio and buy in cash, increase value, and then refi2. buy Multi-family so your ratios aren't the main factor to lenders3. get in with a lender for high net worth individuals4.
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25 January 2025 | 7 replies
Increase income, decrease DTI, and buy a home (i.e., get a higher paying job, work two jobs, go to trade school, get a higher paying degree, live in affordable area, etc...these are things that most of us did).
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21 January 2025 | 4 replies
He tells you to pay him $5,000 (or much more) to learn all the "secrets" that made him wealth, but then he doesn't tell you that his "secret" was to increase earnings, reduce expenses, save up and invest.
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21 January 2025 | 9 replies
@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.
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17 January 2025 | 6 replies
Additionally, the house is 25 years old and could use cosmetic updates to increase rental appeal.
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29 January 2025 | 23 replies
I do agree that operating costs (insurance rates) will not go down and may even increase over time.
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27 January 2025 | 11 replies
ADU increase value less than the hands off ADU addition, but a developer is not a hands off ADU addition.Thanks
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19 January 2025 | 5 replies
With a few tweaks to the management structure, and with new leadership, I figure we can greatly increase the revenue.