#2 - Larger 5-bedroom renovation into a sweet rental home Before Pictures (Zillow Link)After Pictures (Airbnb Link)These investors took something that was very boring and extremely residential-looking and transformed it into a cozy retreat for travelers with highlights being adding wood paneling, kitchen renovation, new furniture throughout, beautiful outdoor space with added hot tub and fire pit spaces for guests to hangout and an exciting game room space to occupy guests for hours. 

‘The real estate brokerage industry in the United States is all about making the process of transacting real estate “frictionless”.  

They certainly display an impressive track record and have a deep bench when it comes to industry experience.

Most friends in the industry were telling me to keep it bc of the interest rate… so I sold it.

What will that do to real estate industry?

If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.

In terms of strong markets, I tend to look at major industries in an area (hospitals, universities, military, etc.) because I want a large tenant pool.

I received wrong information from people in the Portugal RE industry before so I'm not super confident the person I talked to is correct I'm just trying to get more data points.In case it's useful for others these are some other bits of info I've learnedRefinancing is possible but it is more expensive than conventional (usually the spread is 1-2% higher) and it is necessary to explain to the bank what will be done with the money.It is not necessary to wait to own the property for a certain time to obtain mortgage credit.

Hi my co-realtors, anyone here would like to have a conversation about your current challenges, experience,  and share knowledge about current Real Estate industry?

I have been looking into the South Philadelphia market as the area is expecting the Bellwether District, a megadevelopment of industrial and life-science buildings, to be delivered in phases over the next dacade.