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16 July 2024 | 5 replies
I'm wondering, has the tenant indicated that they will not help you with facilitating the repair date and time?
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15 July 2024 | 11 replies
Occupancy fraud is the most common fraud committed in mortgage lending so underwriters look at things like distance from your job as a possible indicator.
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16 July 2024 | 0 replies
The real test will come when the Fed begins to cut rates, as indicated for later this year, making it a challenging market for both parties.”Clare Losey, ABoR’s housing economist, recently said, “From the buyer’s standpoint, there are a number of advantages and disadvantages…The biggest headwind to them are higher mortgage rates and the decline in purchasing power.”Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin for the first half of 2024:The median sales price for a single-family home in June 2024 was up roughly 16% from the beginning of the year.
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16 July 2024 | 2 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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15 July 2024 | 11 replies
There's no such list of "motivated" sellers, instead there are data points that can potentially indicate that someone *could* be thinking of selling.
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16 July 2024 | 5 replies
Market Selection Criteria: To choose the right market, consider factors such as:Economic Growth: Look for markets with strong job growth, a diverse economy, and increasing population.Rental Demand: Identify areas with high demand for rentals, which can be indicated by low vacancy rates and high rent-to-price ratios.Affordability: Ensure the market offers properties within your budget that also meet your cash flow and appreciation goals.Property Management Quality: Verify that there are reliable property management companies in the area to handle day-to-day operations, especially if you are investing from a distance.Comparative Market Analysis: Perform a comparative market analysis to compare potential markets.
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17 July 2024 | 20 replies
Time will tell which side “wins” but so far those that indicate hospice is not residential are winning (the construction has been halted).
15 July 2024 | 5 replies
I'm uncertain what to do in the circumstances since while I have documentation which indicates participation in every transaction I'm claiming going back years, I seriously doubt she has such documentation or if she does have records, would be willing to provide it to the state when they ask.
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15 July 2024 | 2 replies
That may not seem like a big jump, but a 50 basis points (0.5%) increase in the UR has historically been a very reliable recession indicator.
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15 July 2024 | 12 replies
He indicated he would call the post office soon but had not yet.