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1 April 2020 | 11 replies
For quality, owner occupant single family residences (the sort of thing most investors wouldn't be very interested in because there's no cash flow) in decent areas, demand remains very high.
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30 March 2020 | 8 replies
You can also advertise that it is coming soon and not available for showings until xx date to build up some demand.
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1 April 2020 | 12 replies
In addition, your future home in Oak Harbor has a very strong rental market with insufficient supply relative to demand.
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31 March 2020 | 7 replies
The demand side has changed though since investors are waiting on deals.
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24 April 2020 | 125 replies
I also have a partner on 3 of the rentalsInvestigate one bedroom condos in an area with good demand.
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30 March 2020 | 1 reply
•Massive unemployment = selling and foreclosure (eventually, not initially)•Increased supply/declining demand = lower prices/buyers' market•Those with capital reserves will buy at significant discounts for cash•Savvy investors without capital will buy on great terms •Retail priced value add/flip properties will have to sell at smaller margins•The paper market and buy and hold investors will be on hold until the general public can afford to make payments•Capital might be sitting on the sideline for a whileWhat does your crystal ball say I'm missing here?
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2 April 2020 | 2 replies
Just be careful taking out that HELOC, when you purchase another property the bank could in theory demand you repay the loan as you took out the proceeds fraudulently (they ask if its to purchase another property or not).
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30 March 2020 | 3 replies
Basically the message is that they are demanding that the governors of all states "freeze all rent, mortgage, and utility bill collection for 2 months, or face a rent strike".
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2 April 2020 | 7 replies
But we'll have to wait and see what happens and how this stay at home order affects the local economy.The upper price-range of homes may feel the impact the hardest, as buyers and sellers of luxury homes are usually business owners with part of their portfolio tied up in other assets that are feeling a greater impact.The housing demand for the bread-and-butter price (sub $300k) should hopefully only be stalled or delayed, and ideally we'll see some pent up demand be unleashed in the summer and fall if things get back to normal.
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4 May 2020 | 49 replies
They are bleeding cash and needed to secure funding for continued operation so I would not expect much more for direct payments from airbnb related to the drop in demand as they need the cash to fund ongoing operation.Originally posted by @Valerie Rogers:Originally posted by @Miles McClure:On a strict policy its For a full refund of the nightly rate, the guest must cancel within 48 hours of booking and at least 14 full days prior to listing’s local check-in time (shown in the confirmation email).Full refund=25% of 0 if cancelled 14 days or moreFor a 50% refund of the nightly rate, the guest must cancel 7 full days before the listing's local check in time (shown in the confirmation email), otherwise no refund.So 100 a night = 50 if 7 days before reservation to host then 25% = $12.50 I wouldn't count on it to pay the mortgage.Actually, this is not a quite correct interpretation of the Strict Cancellation policy.