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14 December 2020 | 3 replies
Few borrowers understand how to read a title report, their state’s usury requirements, or the difference between a consumer purpose and business purpose loan.For these, you really need either a knowledgeable lawyer or an experienced hard money lender.
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6 November 2021 | 42 replies
Opt for soft close doors and drawers.
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14 December 2020 | 1 reply
The National Bureau of Economic Research classifies a recession as “a period of declining economic performance across an entire economy that lasts for several months.”The residuals of lost jobs, unemployment, and consumer behavior caused by COVID-19 and subsequent “lockdowns” are still being felt across the U.S. — with numbers in April 2020 reflecting largest declines.During this month we saw both job loss claims and unemployment rates — 13.5% and 14.5% respectively — the highest since the 1929 Great Depression. (2)For recent contrast, the peak of the 2007 Great Recession saw job loss and unemployment rates at 6.5% and close to 10% — that’s a difference of 7% and nearly 4% and with a population of nearly 330 million those are big numbers.We are also seeing signs of a recovery taking shape and forming into what economists call a “K-Shaped Recovery”.This article aims to clarify the type of Recovery we find ourselves in, identify who has been most affected, how these changes reflect in the Austin Real Estate market, and review what key economic indicators to watch in Austin and Texas.Why Does It Form a "K"?
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7 January 2022 | 14 replies
In lower risk areas this is a great approach to today's "I want it now" consumer and as a housing provider can reduce days on market drastically.
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18 December 2020 | 7 replies
In an ideal world, when the utility is a non-profit entity (government or non-profit run), the water charges would be attached to the unit because a)that's where the service was consumed, and b)non-paying customers offload the cost of doing business from the business owner (the landlord) to the public (the utility).
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20 December 2020 | 8 replies
I’m a big believer in ditching consumer debt a la Dave Ramsey.
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20 December 2020 | 7 replies
Time consuming & repetitive, yes.
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16 December 2020 | 0 replies
Yes, I know, BiggerPockets is for investing, but the week the book comes out it would be great to hear an episode of the OG Podcast where David deep-dives some nuts and bolts strategies for agents that expands on the book and Brandon can play devils advocate and speak from the consumers mindset.
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18 December 2020 | 6 replies
So, if you had your choice of taking sure money that could close in less than a week or an offer that's maybe $5000 more but is going to take 2 weeks or 60 days and there's always the possibility it will fall through...most sellers will opt for the sure thing.
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24 December 2020 | 79 replies
The tenant has the option to opt out and do their own snow removal.