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6 March 2024 | 17 replies
Another update is coming shortly.
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5 March 2024 | 8 replies
Our short term goals are to obtain single family or multi family assets for long term rentals.
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5 March 2024 | 3 replies
This could be for buy and hold investors or short-term investors.
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5 March 2024 | 0 replies
Real estate is best option around to make great returns, both short and long term.
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5 March 2024 | 13 replies
Plus, Columbus is experiencing significant growth, which could lead to higher appreciation in the years to come.
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5 March 2024 | 4 replies
A LOT of distrress is leading to mergers and firings, in just the last few weeks, this happened: (Big credit to @NewsLambert)Lower to acquire Universal Lending retail and wholesale operations (11/1/23)Trustar Mortgage acquired by Archer Mortgage, LLC (11/1/23)People’s Bank of Commerce to exit residential mortgage lending (10/27/23)BMO Bank cutting 228 jobs in Northern California (10/25/23)Homestar Financial to wind down operations (10/25/23)City National Bank layoffs in Los Angeles total 71 (10/23/23)Hometown Lenders layoffs (10/12/23)First Savings Bank to lay off 135 mortgage workers (10/4/23)Wesley Mortgage absorbs competitor Colten Mortgage (10/4/23)Cenlar to lay off 85 in Ewing, NJ (10/2/23)Rithm Capital to acquire Computershare Mortgage Services Inc. (10/2/23)Wells Fargo cut 525 jobs in South Carolina (9/28/23)Better Mortgage lays off additional employees (9/22/23)The Graystone Company has acquired Direct Mortgage (9/13/23)Flyhomes to purchase certain assets of Home Sale Assured (9/13/23)Divvy Homes to cut 95 jobs in San Francisco (9/11/23)Farmers-Merchants Bank to sell three branches to focus on core mortgage business (9/11/23)It goes on…..The mortgage industry is in a starkly deep recession.And RIP refinances, unless you are holding an even higher interest rate loan (like a construction/bridge loan or hard money, or perhaps you just fixed your credit.
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4 March 2024 | 7 replies
Think of this for what it should be, flipping your "cash".Third, as your cash increases, take some (NOT ALL) of it and invest in cash flow,...the rest keep flipping, repeating steps 1 and 2,...and then 3 again, until you reach your financial goals.REI isn't a series of one time events, it's a system of continuous steps, all leading to a specific financial end result.
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5 March 2024 | 4 replies
If I rent the rooms MTR, I'd still be short $1600/mo (0.85%).The property has a cottage, split into a micro studio and a one bedroom, and a 3/2 house with a semi-finished, stair-accessible, windowed, empty attic 75% the size of the house.
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4 March 2024 | 18 replies
Here are some observations:The leading 8 listings have accumulated between 40 and 57 reviews in the past year.5 out of 8 listings feature 2 bedrooms and 2 bathrooms.2 out of 8 listings are studios, with the top-performing studio amassing 44 reviews in the past 12 months.The average daily rate spans from $116 up to $526.Next, let’s examine the most prevalent amenities among the 30 listings in this vicinity.The chart below illustrates the top 100 most common amenities in this neighborhood.
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6 March 2024 | 16 replies
Your investment may be impacted by regional laws, difficulties with property management, and market fluctuations.Considerations:Personal Preferences: Evaluate how comfortable you are maintaining a property locally as opposed to overcoming the difficulties associated with investing out of state.Financial Objectives: Clearly define your long- and short-term financial objectives.