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24 June 2024 | 58 replies
My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.
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23 June 2024 | 11 replies
Look at factors like:Historical appreciation ratesRental demandLocal economic indicatorsUpcoming development projectsFinancing:Your plan to use DSCR loans with 25% down is a solid approach for investment properties.
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21 June 2024 | 2 replies
The Fed's intervention, through increased interest rates, is intended to curb this excessive growth and bring the market back to more realistic levels.It's important to understand that a correction is a natural part of economic cycles and does not necessarily signal a crisis.
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21 June 2024 | 13 replies
The amount of new jobs has already begun to stimulate the economy and small business growth.
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24 June 2024 | 21 replies
Then pursue a refinance to pull out your renovation costs, or sell when the market allows a larger spread between costs and selling price.The key is finding the right markets and deals that make economic sense for your flipping model.
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21 June 2024 | 5 replies
BRRRR you can keep it more economical.
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21 June 2024 | 21 replies
Plan for Economic Downturns- Emergency Fund: Maintain a cash reserve to cover unexpected expenses and vacancies.- Diversification: Diversify your investments to reduce risk, including different geographic locations and property types.Your excellent credit score, lack of personal debt, and existing portfolio put you in a strong position to expand.
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20 June 2024 | 2 replies
This debt type would throw economic projections for economists and increase the risk of lending for lenders.Phantom Debt is created when a consumer chooses the Buy Now Pay Later (payment plan) option when making online purchases.These types of payments are not currently reported to any credit agencies as debt which is why they have been given the term "phantom."
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19 June 2024 | 11 replies
Certainly this is not the case for everyone but a cautionary tale nonetheless-especially being out of State.My CPA is referring this investor to me because he knows I like the Lansing, MI area where prices are similar but taxes are lower, labor cost lower, and lots of economic development because it is the State capital.To your success!
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19 June 2024 | 10 replies
There is an economic case for dong solar on rentals.