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16 December 2021 | 5 replies
Although unchanged over the month, the Index was nearly 13 percent lower than one year earlier.Buyer interest was weakest for lower-priced single-family homes and strongest for higher-priced single-family homes, a pattern that has been in place for several months.
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4 January 2022 | 0 replies
Of course the first couple days, weeks or months look more like spreading yourself thin, 100 open tabs and email templates blasted out.Then you start seeing patterns.
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4 January 2022 | 1 reply
The pattern is the same for all four counties, higher prices, fewer homes sold.
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1 February 2022 | 9 replies
I can tell you some stories about how he spoke with people on the phone he never met and he described the clothing they were wearing, their height, whether or not they had a mustache, when they had a morotcycle, what brand motorcycle and even the pattern and color of their clothing.
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2 February 2022 | 2 replies
During the disposition phase of our first deal, we had already identified potential buyers based on cash purchase patterns in the area and networking, but our ultimate end buyer was someone from our local REIA that was not on our list.If you have a service like Propstream, you can easily pull a list of cash buyers around your subject property over the last 90-180 days.
25 May 2021 | 8 replies
I noticed a pattern when paying my taxes the last two years and it seems like I’m paying state income tax in two states from long term capital gains of stock sales.I live in CA (since 2013) and have a rental property in CO (purchased in 2011).
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24 May 2021 | 10 replies
Originally posted by @Eric J Platter:What patterns exactly are you looking for?
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20 May 2021 | 4 replies
HELOC is for short term money, cash out refi for long term.HELOCs have lower closing costs, higher variable interest rate, and interest only accrues when you actually draw funds.Cash out refinances will typically have higher closing costs, a lower fixed rate will be available, and interest starts accruing right away (even if it takes you 10 months to find your next property).A common pattern if you may find a deal in a month, or 10 months, not really sure, is to1) Get any refinancing out of the way, you have an FHA loan so you should certainly drop that off.2) Get the HELOC, leave the balance at $0 so you aren't paying interest.3) Buy the rental.4) Come back to the property with the HELOC and see if it makes sense to cash out refi and consolidate the 1st and 2nd into 1 30YF.If you're determined to score that deal within the next 90ish days, skipping right to a cash out refinance is probably best.
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19 May 2021 | 1 reply
So, the jump in median sales prices quoted we've witnessed in 2021 so far is not a result of a drop in prices last year.Here are April 2021 stats for the City of Austin and the greater Austin metro area:This continues the low inventory, high demand pattern the Austin area has experienced for many years.
26 May 2021 | 5 replies
It even has narration if you want to break up the pattern of reading with a little listening.