Katie Tran
Looking to Invest in North Orange County, CA
2 September 2024 | 24 replies
Supply and DemandIn real estate, prices and rents are determined by the imbalance between the number of buyers and sellers.When there are more sellers than buyers, prices decline until there is a rough balance between the number of buyers and sellers.When the number of buyers exceeds the number of sellers, prices increase until there is a rough balance between the number of buyers and sellers.Rents follow prices.Higher prices reduce the number of people who can purchase, increasing demand for rental properties and increasing rents.Lower prices enable more people to purchase, decreasing demand for rental properties and decreasing rents.What determines demand?
Henry Le
starting out with a single family rental without an LLC
2 September 2024 | 11 replies
I figure if I start out with a low maintenance property, I can lower the learning curve and decrease the stress of managing a business and rental property myself to allow me time to figure things out as I go along.
Mei Zhu
affordable tricks for renovation
1 September 2024 | 8 replies
Utilizing the same approach can can assist with for-sale housing as well where you can decrease DOM and move your inventory quicker, thus saving on carrying costs.
Chris Gawlik
Whats it like to invest in C or D class properties?
8 September 2024 | 101 replies
This will result in higher cash flows but decreased exits.
Robert Bell
Yearly Memphis Home Sales Top $2 Billion Through July
27 August 2024 | 3 replies
I am already starting to see more activity in the market as the interest rates drop, across my listings and also more of my buyers becoming more active, I am sure this will be a domino effect and eventually cause sales volume to increase across the market as a whole both locally and nationally, DOM to decrease, and create a temporary FOMO in the market if rates drop to quickly.
Mayur Dewaikar
San Antonio - Excess Inventory?
29 August 2024 | 5 replies
Currently San Antonio has 3.8 months of inventory on the sale side meaning it's still a sellers market but creeping towards a buyers market which is above 6 months of inventory.I imagine we'll see this number decrease as we move into the year.
Don Konipol
It STARTS With Making an Offer!
1 September 2024 | 9 replies
The investors who learn a single strategy or tactic, usually from a “mentor” and do not bother to learn real estate fundamental, real estate finance and real estate law miss out on “creative” opportunities to significantly enhance their ROI or significantly decrease their risk.
Chan Le
Is there any syndication focusing on long-term buy and hold?
29 August 2024 | 13 replies
As hold times increase, IRRs decrease.
Melissa Haworth
What’s one thing you wish you’d known as a first-time investor?
30 August 2024 | 7 replies
If you don't replace items frequently, the quality of your product decreases quickly.As for insurance, I truly haven't experienced this phenomenon.
Brandon Burch
Is it worth refinancing a long-term rental to gain a point on the interest rate?
30 August 2024 | 4 replies
Hi @Brandon Burch, I think you should be able to get more than a 1% decrease in your rate as the FED is expected to drop their rate by 25 or 50 bps at their next meeting on September 18th.