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8 January 2020 | 3 replies
And sometimes even it can boost your ROI which is fun but decrease your NOI to a point where you're at risk of being under capitalized.The other point to consider is that when you refi you will not have access to as much buying power as if you simply sold and 1031d.
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11 March 2022 | 0 replies
When compared to the last “normal” February, in 2020, sales volume increased 23.3 percent;-Days on Market (DOM) for single-family homes dropped from 48 to 41;-Total property sales rose 25.6 percent with 9,299 units sold;-Total dollar volume increased 43.5 percent to $3.5 billion;-The single-family average price rose 13.4 percent to $395,871, the highest of all time;-The single-family median price increased 19.3 percent to $328,000 – also a record;-Single-family home months of inventory registered a 1.3-months supply, down from 1.5 months year-over-year and below the national inventory of 1.6 months;-Townhome/condominium sales jumped 35.9 percent with the average price up 22.4 percent to $266,366 and the median price up 26.8 percent to $225,00 – both record highs;-Single-family home rentals rose 23.8 percent with the average rent up 6.5 percent to $2,052; -Townhome/condominium leases decreased 1.0 percent with the average rent up 7.9 percent to $1,767.
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1 April 2022 | 6 replies
Overtime, as appreciation increases and the mortgage balance decreases, when you reach 20% equity in the property, you could refinance the loan to a conventional loan to get rid of the mortgage premiums.
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19 July 2019 | 4 replies
Also, I do require applications before showings which I'm sure slightly decreases my application numbers.
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20 April 2019 | 19 replies
I'd say 25% down is the most common though because of cash flow goals and there is usually a significant rate decrease going from 80% to 75% LTV.
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6 March 2019 | 2 replies
The seller was very motivated to get rid of it so cash up front was very appealing to them which helped us get a price decrease.
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28 September 2019 | 11 replies
It's worth it if multiple and/or extended down times are anticipated for the "peace of mind" factor.In PG&E territory, a battery not only covers the increasing downtime but they are also economically viable because of the underlying cost per KWh from PG&E.Looking forward to battery tech following the same curve as solar - 90% decrease in cost in 15 years.
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26 April 2020 | 2 replies
Our employment analysis for the area is strong with a large percentage of jobs in government, trade-transport-utilities, manufacturing, and information. 4) He does predict a decrease in overall sales but not a decrease in price. 5) He predicts the interest rates will stay low.What do you all think?
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4 May 2020 | 2 replies
(increase/decrease in employers coming to the city, government spending money into infrastructure)?
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14 May 2021 | 56 replies
All that does in decrease your CF and cost you more money.