Considering on whether I should stop buying properties (MFH) with the expectation of further price drops.
What do y'all feel? is the opportunity, on average, is shrinking (a.k.a. buy now) or expanding (wait a bit)?
The June 2021 Austin market numbers are out from the Austin Board of Realtors. The familiar story of sky-high demand, cripplingly low inventory, and rising prices continues:
Here’s the median sales price of a sin...
Has anyone added a hot tub to their STR to improve occupancy during the winter and/or increase nightly rates?
I'm considering a hot tub/plunge pool combo. If I raise my nightly rate $25, it would pay for itself in ~...
The familiar story for Austin area residential real estate continues: sky-high buyer demand, cripplingly low housing inventory, and rising prices. Here are the record-breaking May 2021 numbers from the Austin Board of...
In an article I read Michael Galpen of B of A says the housing market is stuck til at least 2026 if not longer. Mentioned % rates for mortgages may not come despite any fed adjustments. He Also mentioned the "lock in...
Hey BP, I recently thought about how residential home prices increase. Homes are priced with the current market and over time, as demand increases, home prices are bid up. On the other side, as demand decreases, home ...
I recently got an appraisal done on a property that was completely rehabbed for a cash out refinance. In the appraisal report, one of the comp used is a house that was sold for $199,000 on 6/2/2020, three months befo...
Chasing down my next deal. And while cashflows are harder to find given rates, both equity and CF plays are still viable in my opinion. You make your money on the buy. All that to say how have your REFIs especially AR...
I just read last night rental insurance going way up? For example multi families up by 33%. And others also up a lot. Has anyone seen anything like this?
A recent statistic from Banker & Tradesman caught my attention, highlighting a growing concern in the housing market. According to Zoocasa, the annual median income in Greater Boston has increased by 22.4 percent ...