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29 March 2024 | 5 replies
Our credit is excellent; we could pay it all in cash by shifting finances around.
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29 March 2024 | 7 replies
And unexpected things happened which shifted what I need and when.
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29 March 2024 | 7 replies
Remain goal-oriented, adjust to shifting market conditions, and ask for assistance as required.
29 March 2024 | 0 replies
This blog explores the potential changes and how they might affect your investments.National Landscape: Potential ChangesLawsuits alleged NAR policies stifled competition, inflating realtor fees.The settlement could lead to a more open market with:Discounted commissionsTiered commissions based on property valueFlat feesHourly billingOklahoma City ImpactShort-term: Uncertainty, market fluctuations.Long-term:Increased inventory from lower seller closing costs.Shift towards value-added realtor services like targeted marketing and expert negotiation.Technology-driven platforms may offer lower-cost alternatives.Proactive Strategies for InvestorsStay informed about market trends and commission structures.Build relationships with experienced real estate agents.Negotiate commission rates strategically.Focus on long-term investment goals.Conclusion: Adapting to the Changing LandscapeThe national shift in real estate commissions signals a period of potential change for the Oklahoma City market.
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28 March 2024 | 0 replies
Understanding local market trends, demographic shifts, and future development plans can provide investors with a competitive edge.
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28 March 2024 | 13 replies
I’ve never made more than $45,000 and have worked 3rd shift allowing me to spend more time focusing on real estate as well as having most of my work shifts to myself to focus on real estate as well.
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28 March 2024 | 22 replies
I also told her that we are seeing a shift to more AirBnb bookings in my market (Pigeon Forge area) and it used to mainly be VRBO.
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27 March 2024 | 0 replies
We discuss how this scenario could lead to a shift in property ownership, the potential for market corrections, and the implications for those seeking refinancing options.
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27 March 2024 | 8 replies
We are looking to shift our strategy moving forward - so we're looking to buy or collect arbitrage by renting new units with corporate leases.
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27 March 2024 | 12 replies
agree with the other comment, different markets are doing different things. also, "be greedy when others are fearful." what people might be afraid of is, lots of commercial ARMs coming up on their rate adjustments, & the new rates (compared to 5y ago when they first purchased) will kill their cashflow, so they'll sell, and if everyone is doing this at once, supply might outweigh demand, everyone has to sell for less than they planned, and everyone who hangs on to their similar properties gets to recalculate their estimated mkt value with the new going cap rates. i don't personally think this is going to cause as insane of a shift as some people do, but it's all speculative, we won't know til it happens. if you can find a deal that pencils with 30y fixed debt, do it.