Cody Lindstrom
To buy at 7% or not to buy? That is the question
Our HELOC on our primary finally came through and it appraised at the top of the market! We are pleased with that 1.25% minimum pmt at @7% interest, 10 year draw with a balloon at the end. We are excited but also ne...
Chris O.
Questions for those that manage other people's STR properties
Wondering how you handle consumable supplies that you don't cover yourself. I'll be covering soap (dish, laundry, hand, dishwasher), toilet paper, paper towels, kitchen/small garbage bags coffee filters, scouring pads...
Amby Bhagtani
Why do we think property prices always go up in the long term?
I have a very basic question (almost sounds silly), I keep hearing property prices always go higher in the long term (not referring to short term fluctuations). Apart from that's how its been historically can someone ...
Brandon Sparkes
Structure multi family build with land owner and myself investor/builder
I am looking for some advice on how to structure a deal. Here are the details.The land owner would supply the land, I would supply all costs and construction. We are looking to develop 10 (3 unit) multi family buildin...
Timothy Winfield
Does the title company need my SSN to close???
I will be closing on a house within the upcoming days. The title company asked me for my SSN,which raised a red flag. Why do i need to provide my SSN if I am buying the house cash. It dosent make sense. I am domiciled...
Adah N.
Should We Expect Lower Rehab Costs?
Now that interest rates have spiked, home prices are dropping, uncertainty abounds and I am assuming flip profits are decreasing, does it mean lower rehab costs? Does "houses are no longer flying off shelves like hot...
Erick Garske
Contractor threatening mechanics lien unless his extortion is paid
Originally I hired a contractor in March 2015 for a job that he claimed would take no more than ten days. Three months later in March, he completed 80% of the work and had been paid 90% of balance. He claimed to be on...
Kyle Ashmore
Housing bubble or just supply and demand
Housing bubble or just supply and demand? We are definitely seeing a surge in housing, but it’s different from 2007.
Back in 07’, housing surged, due to bad banking lending regulations. Everyone was buying because ...
John Nisewonger
Do I supply AC Window Units?
Im looking at an older property to buy in my area. The unit uses oil heat which I am not thrilled about but its not a deal killer for me. But no central air means I need some sort of AC in the house during the summ...
Dax Nollenberger
Santa Cruz County Year in Review
What the crazy year 2021 was in the real estate market. Despite continued pandemic disruptions, the Santa Cruz County real estate market thrived. The median home price, for the first time, averaged over $1MM. In fact,...