I have a 80 person housing market research firm, and learned in the mid-2000s that individual investors can add up to make a big impact on the overall housing market. 2 of our 10 qualitative indicators of a potential housing boom have been tripped - the number of realtors is now back at an all-time high, and investors are buying multiple homes sight unseen.

Now, after another couple sightings, they are asking if I will pay for an exterminator. 

Take principle, interest, taxes, and insurance and add them together to get your mortgage.

No you are not crazy 😁 for buying sight unseen

Our program is a little different, in that it's designed to pay down your principle balance rapidly, while retaining access to equity for 30 years.

Make sure to factor all the ways owning property makes money into your analysis: loan principle paydown/gained equity, appreciation, depreciation/tax benefits, and of course cash flow.

But you're essentially selling it mostly sight unseen because it doesn't sound like you will have cooperative tenants who want to show your property.

Both on the down payment, and the principle/interest?

I was just starting out, and in my mind it was the principle.

Net inflow — a metro area’s gain in new residents after accounting for departures — is yet another measure articulating the recent population growth in central Arizona.Dallas (76,037), Orlando (60,977), Tampa (47,000) and Austin (46,958) rounded out the top five on the Redfin list of metro areas with the most net inflow in 2020.Among cities with the most net inflow last year, Phoenix had the second-highest median home price at $340,000, behind Austin’s $370,000, according to Redfin, and it ranked No. 1 in the nation for the year-over-year increase in the median price at 16%.The rankings back up what Valley residents are seeing on the ground: there is no ceiling in sight for the housing market, and housing prices have been rising steadily for months.