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26 August 2024 | 34 replies
Alabama has the second lowest property taxes in the nation behind Hawaii.
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25 August 2024 | 1 reply
Site location is 15 minutes commute.Tesla’s first major investment in South Carolina, opening Distribution Facility; from Whitmire the site location is 30 minutes commute towards Greenville.Above average National Blue Ribbon Public Schools.
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25 August 2024 | 1 reply
https://www.nar.realtor/research-and-statistics/housing-stat...The Memphis metro area has a deficit of about 29,000 housing units, according to the National Low Income Housing Coalition.
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22 August 2024 | 12 replies
STR data expert AirDNA.co recently released their list of the top 10 National Parks to invest in for STRs.
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27 August 2024 | 19 replies
I went the other way I was selling very tough to sell Land in Northern Ca. national forest areas (Mendocino) my fee was 10 to 20% and sometimes higher.. these properties are common in the West.. where you have private ownership surrounded by National Forest lands..
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25 August 2024 | 12 replies
They are saying it'll report "crimes at a national level like national sex offender list" but that they can't access county or state level offenses.
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20 August 2024 | 2 replies
There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself.
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24 August 2024 | 1 reply
According to the experts at Realtors Property Resource—a premier data provider and a tool from the National Association of Realtors—we’ve got some interesting trends to discuss.
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25 August 2024 | 10 replies
Ok @James McGovern, I will let you know how I DO get discounting from builders, and nowadays I all but exclusively do this with BIG builders, yes even some nationals.
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24 August 2024 | 3 replies
The ZIPs in Realtor.com’s Top 10 are seeing nearly 4x as many views per listing and selling 1 month faster than the typical home nationally.