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4 November 2024 | 13 replies
This is fine when values and demand are rising, and things are selling quickly.
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2 November 2024 | 20 replies
Most people see some kind of cost of living raise, and by increasing slow and steady, the rent increases likely correspond well with the rate at which their income is rising.
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31 October 2024 | 12 replies
With rising rates and tighter lending criteria, finding creative financing options has become a major focus for me and many others in the community.
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2 November 2024 | 8 replies
i think it's because of the tremendous rise in home equity in the past 5 years.i used a HELOC to (1) help with a down payment on a short term loan, that I then paid back in full when I refinanced; and (2) to consolidate some higher interest debt, which I am now paying back by making extra payments against the principal since HELOCs are generally interest only for the first 5-10 years.
2 November 2024 | 8 replies
In 2022, rising rental rates have forced HUD to significantly increase maximum rents as too many S8 voucher holders can’t find rental homes at previous rates.PositivesRent comes directly to landlord, every month!
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30 October 2024 | 1 reply
I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!
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31 October 2024 | 2 replies
This surge in tourism and job creation makes now an ideal time to capitalize on the rising demand for both long- and short-term rentals.
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30 October 2024 | 4 replies
Rising rents are one reason Phoenix had the country’s highest increase in overall inflation two years ago.Anxiety over housing costs is especially strong in this election swing state.
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30 October 2024 | 3 replies
This is due to the increase in mortgage rates and house prices.Pros/cons as I see it:Pros: two appreciating assets versus one; as rents rise, we’ll make more net income.cons: less cash flow, double capex, double maintenance.Anyone mind letting me know your thoughts?
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30 October 2024 | 10 replies
Furthermore, if rents rise in the coming months/years, this too would increase cash flow.