Economic Update
(Monday, June 14, 2021)
For a period of time between 2018 and the beginning of 2020, the “Real House Price Index” (which calculates inflation in the Housing Sector) was falling, because Americans’ bu...

When you look at this chart, you see that overall there is often a mild impact on real estate prices but not always. Sometimes the prices remain unaffected and sometimes like with the 2008 crash, they can be significa...

I hear a lot of talk about how it's different this time, and real estate prices won't be affected too much because everybody has so much "equity" in their homes. What people fail to understand is, why do they have so ...

Hey BP,I recently took over management of my short term rental. I'm thinking of ways to monetize the rental. My goal is to increase revenue by 10% through monetizing strategies such as late check out and things like t...

As the rental market stays hot the rates are increasing quite a bit year after year.   I don't see how that continue.  When that slows or retreats does anyone have an experience, anecdotal or otherwise, as to how that...

Gas is really expensive for this time of year and the dollar is getting cheaper. Will the average hit $5/gallon this summer? If so, what will it do to our economy?

Edit: Title should say GAS...not oil. Hopefully o...

My first rental came about because of a new job in a down economy. My wife and I bought our first house (3 bed, 2 bath, 2 car garage, 1,064 sq ft) your typical starter home in 2003. It was a FHA 30 yr loan with a 1st ...

Goldman Sachs released a reporting stating that 300 million jobs will be replaced or displaced by AI in the near future.  If this happens we will see a severe housing recession because people won't be able to pay rent...

So, after a quick search I see Mr. McKorkle is once again a free man, after spending 18 years in the pen. I remember those late night infomercials, with flashy cars, beautiful wife, private jets, and exotic yachts. Wh...

Looking at a vacation rental that has a rental restriction of 30 days minimum.  Who would enforce it and how would they tell if someone wanted to do a weekly or nightly rental?  

Deal details: $800k pp, 1.5 back en...