I just put in an above list price offer on a 2-flat with an FHA pre-approval and they took another offer. I suspect this is going to keep happening when inventory is so low and buyers can choose someone whose financin...
Hi!We are new investors looking for our first home to flip. We found a property that we are interested in acquiring but we are hesitant because the floors are sloped and weak in some areas of the house. The home was b...
Living in Holly Ridge, NC. My brother and I are interested in investing in the Jacksonville NC area. It seems like the military base would provide a stable source of renters? Properties there are also more affordab...
I have been to several properties now where the comps in that particular subdivision are a bit weak here in DFW. That is not to say the subdivision is undesirable, just the subdivision is small or there hasn't been mu...
Gross Domestic Product (GDP) per capita is often cited as a measurement of a nation's development or economic capacity. However, we rarely or never read much about Gross Metropolitan Product (GMP) per capita. GMP mea...
INTERESTING ARTICLE ON THE SPREAD OF A SLOW DOWN OR JUST AN INFLIX OF PROPERTIES FOR SALE?
https://www.wsj.com/articles/las-vegas-housing-weakness-signals-the-slowdown-is-spreading-11544702400
We manage quite a few properties, compared to past months I have found recently we are very slow and are having a hard time filling our vacant properties in Orlando and the greater areas. Is anyone who is local findin...
Due to the Dodd Frank Act (Google search: Repeal Dodd Frank), which is to blame for the current over-regulated mortgage market, many lenders have had to resort to basing part of their LOs (loan originators) compensat...
Hi Folks, We all know about the unemployment rate, the stress out there, hear in the news about tenants not making rent, taking forbearance on thei mortgages.There's a financial risk rating system that lenders use, ...
I am ready to buy my first small apartment building and looking for deals in the 20-50 unit range. I live in China, have family and a few duplexes in mid-Michigan and I have found a 24 unit deal with strong numbers i...