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16 January 2024 | 0 replies
From 2015 to 2019, the five years preceding the pandemic, private buyers represented, on average, around 45% of buyer activity.
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16 January 2024 | 1 reply
Initial estimates of transaction volume in 2023 suggest that a little less than $35 billion traded hands last year, a level reminiscent of the post-Global Financial Crisis recovery.As quarterly sales volumes have dipped below the pandemic's lowest points, 2023 sales volumes fell nearly 60% below 2022 levels, mirroring figures from 2010.
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22 January 2021 | 10 replies
STR properties are everywhere here (although obviously the pandemic has changed things dramatically) I just don't know how to establish myself without a background in property management.
14 October 2020 | 2 replies
But all the various eviction moratorium crap only has to do with unpaid rent and often only if it is related to the pandemic.
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29 March 2022 | 6 replies
For me this started during the pandemic when weekends were spent at home prior to vaccines so I had plenty of time whereas before I would probably have been going out with friends and family.
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8 August 2022 | 1 reply
Overall, buyers are pulling back as higher mortgage rates wipe out the cheap money that fueled America’s unexpected housing boom after the pandemic hit.Just over 27 percent of pending sales in the Las Vegas area fell through in June, the highest cancellation rate in the nation.
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26 August 2022 | 1 reply
Purchase price: $395,000 Cash invested: $40,000 Contributors: James Dainard I purchased this right as the Short-Term-Rental market had a big reset.AirBnb cancelled all of their bookings due to the pandemic and the previous owners decided to get rid of this unit.I took it down on an owner-occupied loan then converted it into an STR once I hit that 1yr mark.The unit is only on AirBnb for now.The manager handles all of the bookings, inquiries, cleaners and check-in/check-outs and will be eventually starting his own website for repeat bookings to decrease the amount paid to AirBnb year after year.The building (Belltown Court) is one of very few in Seattle that allows STR's and requires that all guests be given a tour of the building as well as a rundown of the rules.This investment is entirely passive thanks to my manager, at this point I'm racing to 20% equity to get PMI taken off and increase the cashflow.
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2 November 2022 | 64 replies
Any effects from the pandemic they experienced while investing through them?
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15 September 2023 | 39 replies
Nurses complain that they are not making pandemic pay anymore.
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15 February 2023 | 5 replies
At a Real Estate Conference right before the pandemic started I heard Ben Leybovich discuss luxury house hacking.