Andreas Mueller
A Skeptical Dude's Market Analysis - February 28th, 2024
28 February 2024 | 0 replies
The “hype” hasn't even started yet (Kobeissi).Today’s Interest Rate: 7.16%(☝️ .02% from this time last week, 30-yr mortgage)Mortgage Rate UpdateMortgage rates are slightly higher again this week, to 7.16%.
Ian Verzoni
CoCR on a paid off property?
1 March 2024 | 6 replies
A year and a half ago I bought a house in cash to avoid a +7% interest rate on my mortgage.
Patrick Hunter
Hello from the Bay Area!
28 February 2024 | 5 replies
One way or another, however, the investors must work to pay down loans, increase rents and decrease expenses wherever possible.
Brandon Kegarise
Purchase Contract Breach _ Multifamily
28 February 2024 | 0 replies
In addition to this contractual breach resulting in a decrease in revenue and profit, sellers have disclosed via email that they have been in communication with current tenants on MTM leases regarding lease renewals and rent prices, conversations that should have been directed toward the buyer.
Ashley G.
Potentially selling an investment property
1 March 2024 | 4 replies
Purchased for kids future/college fund (maybe relevant maybe not) Mortgage rate is 4.4% currently paying $1149 a month (including taxes/Insurance)Currently rents for $1550 (room for upping rent to $1600+)In the 2 years Ive had it, Ive added a roof(insurance claim),new windows, new bathroom, plumbing.
Ricky McCoy
Refinance portion of BRRRR
1 March 2024 | 10 replies
-Cash out Refi with a private lender who has higher rates/fees-One of my friends buys a property in the name of his LLC, rehabs it, then sells it to his spouse.
Michael Baum
VRBO Image changes?
28 February 2024 | 11 replies
That’s because we are gradually launching a new AI feature that will automatically place your highest-performing image to the forefront of your listing.Based on previous Expedia Group testing, this new feature helps drive higher conversion and click through rates on listings.
Chris Good
Adding Value and Controlling Costs
1 March 2024 | 5 replies
If the building is evaluated at a conservative 10% CAP Rate, the value of the building is increased by $45,000.We’ve found this to be more readily accepted by our residents than simply charging a flat utility fee because it gives the resident more control of their costs.
Nathan Harden
Calling All Creative Minded Individuals
1 March 2024 | 9 replies
Went home plugged in a purchase price of $1,250,000 ($625k for each duplex) then 10% down with a 3.5% interest rate to get him his $5k a month.He told me a 10% DP wasn't enough, didn't like the purchase price and asked If I was serious with a 3.5% interest.
Sean Kirk
Looking For Experienced Wholesalers (5+ deals a year)
1 March 2024 | 4 replies
While I haven't had the opportunity to work with hedge funds, I do remember it being a thing back when rates were at 3%.