Good morning BP!With the mortgage rates leveling out and kind of decreasing at 7% are you changing your investing strategy? Are you looking at the possibility of more rentals?
As interest rates rise there will be decreased purchasing power. This automatically decreases the amount of house, duplex or whatever we can by (if a loan is required) based on the debt to income ratios that a bank of...
It looks like we are trending towards a more equal seller/buyer market place. The number of homes for sale on MLS increased to 28185 in May 2024. We only had 1833 homes for sale in May 2023. I hope the number of homes...
I have a rental property in another state. I have excellent long term renters that pay 1000 per month. I pay biweekly and more than loan principle at 1200. The loan is FHA at 5.875. I know I have net negative cash...
While the effects of COVID-19 in the broader economy continue, real estate activity is beginning to recover across much of the country. According to Freddie Mac, mortgage rates have been below 3.3 percent for more tha...
Do rental rates usually fall when interest rates increase and home values decrease?
I list one side of a duplex in North Austin on Airbnb as a medium term rental (30+ days). I found there are 3 ways to increase revenue on a medium-term rental:1. The most obvious one is increasing your nightly rate. I...
I'm curious as to what everyone is seeing over the near-intermediate term future for home insurance rates in Florida. Do we see a large difference between south / central / north Florida? Will we perhaps see a repriev...
Hi all, wanted to ask, when a real estate property I'm purchasing... using a realtor in this one... has a binding contract and after the inspection was able to further negotiate the price down, is it better to take th...
Hello,
I purchased a home in Sedona back in may and finally have it up and running as a short term rental. would any one be able to advise on how to gain some weekday bookings? the weekends are always booked but wha...