Andreas Mueller
A Skeptical Dude's Market Analysis - January 24th, 2024
26 January 2024 | 1 reply
M2 plummeting.
Kevin S.
Multiple SFR financing
16 January 2024 | 5 replies
If you have a 780 score but only a car loan of 20k, your credit score will plummet to 680 if you get a home loan of 300k.
Andreas Mueller
Will massive apartment unit growth affect single family home rentals?
17 January 2024 | 0 replies
The pipeline of apartments coming on the market is spiking in 2024, but will plummet in the coming 2 years.
Steve Mucha
New Member from Perth/Australia - investing in UK
6 October 2016 | 1 reply
BUT NOW due to mining recession house prices are plummeting and so are jobs - it's not looking better in the close future.My girlfriend and I have joined the "Rich Dad" based mentorship program for the UK and connected with a local investors group who already invest into UK (with the same program).The plan is to start with lower budget "buy to let" and find the odd good deal to flip a property for cashflow to reinvest.
Harman N.
What happens if house prices go down after HELOC appraisal?
17 August 2016 | 7 replies
As an example, here's what one lender has to say on the matter: Understand your HELOC Freeze or Reduction.I've heard of borrowers who had their credit limits reduced when the crash happened and housing values plummeted, but I haven't heard of it happening to anyone lately.
Thomas Clark
I can’t fathom how residential real estate investors fail
19 September 2016 | 24 replies
In addition, some loans can have 5 or 10 year terms or not be fixed rate so if rates rise or you need to refi at the wrong time, sorry you lose.7) Overpaying - If you buy a property at too high a price you can cash flow but still lose because when you exit or try and refi you will pay around 5% in many cases to get in and out plus maybe not get your full purchase price out.8) Construction/contractor issues - contractors who take your money, do a poor job, take away too long etc. can cause major losses.9) Buying in the wrong area - If your B area turns into a C or a D the equity values will plummet as will your tenant base .
Samuel Bavido
Look into your crystal ball with me! (self-driving cars)
6 September 2017 | 5 replies
I agree with your premise but I suppose at this time that the opposite trend will take place - that the demand for city living will INCREASE, not plummet with self-driving cars.
John Martin
Miami: in contract. time to negotiate?
10 September 2017 | 8 replies
Like someone has mentioned, it's going to literally PLUMMET and then it's going to bounce back in a year or so maybe less.
Nat C.
Property managers outrageous purchase offer
13 October 2018 | 15 replies
His response was “Lol, it’s not worth 450k”.I started wondering if the Miami market had plummeted overnight and no one had told me.I looked up the comps and my evaluation is the property would sell for well over 500k.
Andrew Faukner
South Lake Tahoe Measure T, Ban Vacation Home Rentals
7 November 2018 | 5 replies
If it passes, real estate values will plummet and SLT will be a quiet community of second homes.