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22 May 2024 | 0 replies
More money in the market means more opportunities for everyone.Active Inventory: A whopping 52.6% increase in active inventory, from 2,717 to 4,146, means more options for buyers and a more balanced market.Despite a slight dip in the percentage of the original list price received (down 1%) and a minor increase in median time to contract (up 11.1%), the overall sentiment is overwhelmingly positive.
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19 May 2024 | 24 replies
I'm thinking of using that same money to potentially buy a rental property that could yield more and appreciate in value over the years.
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22 May 2024 | 12 replies
Please note I used all the cash from my LA sale (366k after paying off the mortgage) and added my own money to buy the Houston property in cash.
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21 May 2024 | 8 replies
You should also set aside money as a reserve for vacancies, turnover costs, bad renters, or capital expenditures (roof, flooring, and other big expenses).
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21 May 2024 | 7 replies
There is also hard-money lending and in-house lending for the investors as well.
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21 May 2024 | 5 replies
Whether it's starting something new project or flipping houses, I'm interested.Flipping has its pros and cons, it seems like a fast way to make money.
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22 May 2024 | 2 replies
My emotional investment is in the money, not the property and I am coming at it from the "sales" approach and I am looking at it from an "income" valuation.
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23 May 2024 | 11 replies
Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.
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22 May 2024 | 10 replies
I'd say the question is better suited for your financial advisor, who can determine the best use of the money.
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22 May 2024 | 5 replies
It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.