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?
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...
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...
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...
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...
Do rental rates usually fall when interest rates increase and home values decrease?
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...
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...
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...
I charge a flat rate per occupied bed in each STR. About 18 months ago I increased the rate by 25% across the board for every property. $200 went to $250. Have you changed your rates?