David Ivy
Austin Market Report - November 2024
18 December 2024 | 0 replies
However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.
Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
My personal experience after 40 + years in the real estate industry is that “wholesaling” is a very INEFFICIENT AND INEFFECTIVE way to gain knowledge and experience relative to real estate.
Jorge Abreu
Expectation Alignment 101: Nurturing a Fruitful Investment Partnership
26 December 2024 | 1 reply
This five-year expectation has become the industry norm.
Jonathan Greene
If You Are Asking These Questions About Your STR, You Are Already Failing
4 January 2025 | 26 replies
Next, and again my current experience is in a different industry but one that's a highly dependent on Google reviews and ratings, I've found that there's always a break-even point where "paying someone off" doesn't provide enough of a return on the payoff.
Joe Gettler
Pursue Monthly Rental in San Francisco with my 3 unit?
2 January 2025 | 11 replies
I’ve noticed that most of the listings on that site in SF have average at best pics which i was shocked by (I’m sure this is not your wife).
Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
Here are a few strategies that might help:- Leverage Industry Benchmarks: Many investors use a percentage of gross rental income as a quick estimate for operating expenses.
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
The greatest and probably only leverage I have as an out of state investor is the proof of funds to show I have the liquidity and the risk tolerance to average 2-3 deals per month.The Yelp thing is specific to California and only for companies.
Jorge Abreu
Evaluating Property Managers
28 December 2024 | 1 reply
A good bonus structure can turn an average manager into an all-star.
Josh Duncan
Thoughts on 401K loans
8 January 2025 | 10 replies
The next part that I learned, and this an IRS rule, is that you can only have an average balance of $50K out per calendar year.
Feroz Penangwala
Are You Actively Investing in Real Estate?
18 December 2024 | 5 replies
My company owns about 3,000 MF units, along with some retail, industrial, and Assisted Living.