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9 August 2024 | 5 replies
Also, everyone is anticipating much lower rates over the next 12-18months, so if you purchase today you will most likely refinance to a lower rate in the coming few years.With Real Estate it's important to remember not only that it is a long term investment, but that there are many ways to make money on the asset.
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11 August 2024 | 3 replies
The pain is real and likely to linger. - No one is building office of any sort right now, and net new supply will be low for some time. - Prices reflect this pain in office- Many high income earning millennials are, finally, moving to the suburbs.
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13 August 2024 | 17 replies
Let's say in a 5-4-3-2-1 the rate is 8.000% if you choose to buy out 24 months of PPP to a 3-2-1 PPP the rate could go up lets say to 8.500% Now, these are of course not real numbers or quoted rates, Im just using it as an arbitrary example.
6 August 2024 | 2 replies
I'm seeking advice on a challenging situation with one of my rental properties, a condominium that was damaged in a fire incident. The reconstruction project is taking longer than expected, and I'm facing ongoing fees...
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8 August 2024 | 2 replies
Just curious if anyone has any experience getting into real estate investing via becoming a home inspector and kind of grasping the field.
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12 August 2024 | 12 replies
Comps in the area are all sold for 350-370, but who knows they could have sold it as the listed price but didn't post the real sale value of the house after incentives were applied.
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11 August 2024 | 7 replies
The old saying “it’s a numbers game” real;y applies here.
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10 August 2024 | 10 replies
I'm a newbie investor excited to jump into the real estate game.
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8 August 2024 | 0 replies
Here are some data points below from the past month:🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.63%30-year VA rate today is 6.20%💰 Median Sales Price:May: $475,995June: $485,000July: $487,483📈 New Listings:May: 2,141June: 1,920July: 2,032📅 Median Days on Market Until Sale:May: 12June: 13July: 14📦 Months Supply of Inventory:May: 2.4June: 2.3July: 2.6
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6 August 2024 | 6 replies
Hello Everyone,I currently have 2 rental properties averaging $3,300/month in cashflow. I have 1 mortgage in my name (about $1500/month). My income is on the lower side since I have declared smaller amounts since 2022...