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20 July 2024 | 28 replies
So free houses will be a while, but I do worry about a shift in the job market.My gut feeling is we will see unemployment depart from the ultra low 3.9% it is now in the next couple months, which has more to do with consumer spending than with AI.
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19 July 2024 | 100 replies
So, for example, MN law Sec. 82.67 MN Statues has, in summary "A real estate broker or salesperson shall provide to a consumer in the sale and purchase of a residential real property transaction at the first substantive contact with the consumer an agency disclosure form in substantially the form set forth in subdivision...."
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16 July 2024 | 7 replies
Fund that flip is smaller, but also less investors, so at least the deals are not funded in just a few seconds.Both platforms suffer from some of the problems that pretty much all of the hard money loan platforms do: not enough volume for someone wanting to maintain a large portfolio, not enough conservative 65% LTV loans, too may loans and judicial only states (where it's extremely expensive and time-consuming if you need to foreclose which can cause losses), and single note risk (i.e not diversified).
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16 July 2024 | 0 replies
Consumers are more educated than ever (thanks to resources like BP!)
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17 July 2024 | 5 replies
Private/Hard Money lenders do not lend on owner occupied properties due to consumer protection laws.
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15 July 2024 | 4 replies
I have had another odd issues with airbnb reviews showing up positive on my side but not on the consumer side.
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16 July 2024 | 15 replies
Are they actually as time consuming as people say "4am toilet broken events"?
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18 July 2024 | 31 replies
A strong decrease in rates means three things-- the economy has been hit, the average consumer has likely been hit harder, and sellers are going to be more open to selling.
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15 July 2024 | 24 replies
This is a pretty common issue and isn't generally a bad thing since this lets you know the VRBO's algorithm is pushing your listing out to consumers (Not the right type but still).
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15 July 2024 | 2 replies
The “headline” CPI (Consumer Price Index = inflation) for June declined 0.1% month-over-month, and the “core” CPI (excluding food & fuel) rose only 0.1% MoM.