Andreas Mueller
It's Good News Week! Why we may be in a 10-year growth cycle, circa 2009-2018.
19 June 2024 | 0 replies
They will significantly boost labor productivity; - Inflation is trending down;- the Fed is itching to lower interest rates and bond markets are starting to sniff out a shift in the winds;- there is a ~$70 trillion wealth transfer from the Baby Boomers to their kidsbeginning (including their homes and real estate assets);- home prices are increasing steadily, not chaotically;- overall rents are up, but steading thanks to apartment rents / supply;- wage growth, for more than a year, is back to above inflation levels;- and the bottom 50% have more $ in their checking accounts than ever before as a % of wealth.
JP Falk
Criticize my idea
17 June 2024 | 2 replies
We will also birddog the best opportunities on the contracting side so i figure we can boost out hourly rate up to at least $100/hr (from 80), and jump from the build to contract jobs to take advantage (we have our own heavy equipment and dump truck).
Trevor Coen
Design and Drawing Help Needed for Front Exterior Remodeling Project in St Petersburg
17 June 2024 | 3 replies
My wife and I are remodeling a 1940s bungalow-style home in St Petersburg, and after several months of interior work, we need design help and drawings of the front exterior for our contractor to gain permits from the city and move forward with the project.The original front entrance of the home was covered with an addition built by previous owners, and we'd like to boost curb appeal and value by adding a driveway, front steps, a new door with sidelights, and an overhang jutting out from the gable with columns.
Robin Simon
What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates
18 June 2024 | 0 replies
Many months of rates moving at most a few basis points a week morphed into dramatic, massive movements—with bigger changes sometimes happening in one day than had occurred in quarters or years prior.Real estate investors navigating the challenging market of 2024—with mortgage rates still at elevated levels—are at an advantage when they can lock in financing terms or plan purchases while DSCR loan rates are favorable.
Collin Hays
Smokies "hiney showing" thread
22 June 2024 | 129 replies
So then the question becomes if those stay and or go higher, condos will drop in price dramatically, but will anyone buy with those rates?
Eric Lind
Mortgage Lender tells me to not pay full credit card balance?
17 June 2024 | 16 replies
"Report Rent to Credit" Services are in no shortage if you google now that you know the term.The second way to go "back in time" in a similar fashion is through another service called "Tomo Boost"...
Donald Taite
Hotels
18 June 2024 | 53 replies
REVPAR (Revenue per available room) has skyrocketed in the hotel industry the last few years, primarily because of Average Daily Rate (ADR) increases, but also because of boosts in occupancy, and ancillary income.
Glen Olson
Portfolio management vs time management
16 June 2024 | 2 replies
You'll have them paid off by the time you retire and will enjoy a significant boost to your retirement income.Generally, you want to grow your portfolio wide (more units), before you go deep (paying off).
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
20 June 2024 | 245 replies
Likewise with inflation it was obviously higher when it was reported at 9.1% vs today’s 3.1% (gas and rent for example have come down dramatically).Whether inflation is .1 or .2% different that how it would have been calculated a decade or two decades ago is irrelevant.
Kyle Smith
Am I crazy for building a new cabin in Gatlinburg?
14 June 2024 | 28 replies
The rates go up dramatically with a 3 bed and the cost of construction impact is much smaller than building two cabins.