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16 April 2021 | 87 replies
The reality is the opposite and you can tell easily when you are looking at numbers: on average an agent sells 6 houses a year, meaning many do fewer transactions and some a lot more.
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9 April 2021 | 1 reply
I feel like it can get dangerous having all properties savings in one account, but I feel like there has to be a better way than having a separate account for each property.
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9 April 2021 | 3 replies
yup fannie and freddie came out with no more than 7% of a lenders loans can be for investors so rates rose and its making qualifying harder and cash out is always dangerous from a lenders perspective.. kind of kills all the BRRRR stuff .. all this will still happen but Biden plan is create more liquidity for owner occ ..
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10 April 2021 | 1 reply
With a lower percentage of consumers stashing cash in March than the first two months of the year, the question of whether the end of the pandemic is in sight may be playing a role in how people are moving their money.But perhaps the horrors of last March — cue empty toilet paper aisle flashbacks — and fear of the unknown still to come inspired better savings habits than March 2020.More than 1,000 Americans are surveyed monthly for our Savings Index, and here’s what we learned this time around.Key findingsCash windfalls meet pandemic fatigueGen Z eyes the future, but lives in the nowMillennials want a house, while baby boomers want a housesitterMethodologyKey findingsWhile many consumers await tax refunds and economic impact payments, fewer saved money in March than in the first two months of 2021.
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12 April 2021 | 5 replies
It is really dangerous to have a family business where everyone has to agree, in order to get something done.
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14 April 2021 | 9 replies
@Matt Leber makes a great point about the dangers of trying to time the market.
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16 April 2021 | 3 replies
Which means increased competition and fewer sellers willing to sell at a discount.
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13 April 2021 | 11 replies
Your brain and creativity will determine how much you make, because that's a skill fewer people are able to tap into.
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24 April 2021 | 6 replies
Now 2 of the big dangers here are: 1) what happens when the in-flow of out-of-state money dries up (I posted somewhere else talking about all this) which also leads to 2) this has always been a very low wage state, and many people were already struggling with rent prices as-is before the influx of people; in other words, I don’t think long-term rent prices can be supported here.Another thing to think about is your quality of life.