Alexander Szikla
Broader Rental Markets Cool Off NYC’s Rental Housing Crunch Hits 50-Year Low
6 March 2024 | 2 replies
Overall, the surge in new apartment construction, introducing 440,000 units nationwide, underscored the direct inverse correlation between supply and rent growth in 2023.It is important to note that some markets such as Miami and Detroit have shown resilience posting continued rental rate growth figures indicating a fundamental strength in those markets as well as a secular shift in American demographics.Meanwhile, New York City stays consistent with an unprecedented housing crunch, reaching a 50-year low in rental availability.
Beth Crosby
Need some suggestions- STR Joint Venture
6 March 2024 | 25 replies
The longer you use them, the harder it is to get away.Oftentimes, they undercut the nightly rate in order to get bookings.
Karthik Jayaraman
Planning to sell my condo. Right decision ?
6 March 2024 | 6 replies
I am paying 6% rate for my primary residence.Why I should hold ?
Jennifer Grbich
Need Advice to maximize funds for new home build
6 March 2024 | 2 replies
Back to finance question, would it be a better decision to take the funds from the sale of the 2 acre lot and pay off the current mortgage (~$150k) and live in the current home for a year or so (in hopes that interest rates will go down) then refinance that take out $400k from equity (~$750k) to build new house?
Dan Fritschen
1031x options for liquidity
6 March 2024 | 8 replies
She does not have money for her expenses and is borrowing at a high rate of interest which is becoming impossible the idea is to sell my cousins rental property take a boot to cover her expenses and the rest ($750,000) do a 1031x.
Mahbod Norouzi
Austin Metropolitan for Cash flow?
6 March 2024 | 6 replies
Builders are buying down the interest rates to 5% making payments work for cash flow.
Wyatt Huber
Cash out refinance, or sell second property?
6 March 2024 | 10 replies
Unless you come across an opportunity that has much better cashflow, I don't see a reason to get rid of a property that has decent cashflow with a low interest rate in the current environment.
Frederick William
Multi family no buyers
6 March 2024 | 3 replies
Higher interest rates continue to make it more difficult, especially for an investor that is looking to house hack, cash flow, or DSCR loans on the commercial side are a nightmare.
Christian Epperson
HELOC on SubTo property?
6 March 2024 | 2 replies
However, if we went that route, we’d be giving up the 2.5% rate on the home as it is.