Below I am going to share my thoughts on both the California (San Diego) SFR and MF markets which both have different dynamics at play that investors look at. No one has a crystal ball and mine is no better. Best th...
Hey fellow real estate enthusiasts,
I hope everyone is doing well and staying safe during these times. I wanted to open up a conversation about something many of us are dealing with right now—navigating the current i...
According to Yardi Matrix most recent publication, “COVID-19: A Game Changer for Multifamily", nationally, rents have dropped by 0.4% since the arrival of COVID. This past week I decided to focus on some key areas of ...
I am in contract on a fourplex and have four conventional rate quotes that are varying drastically. Background: It will be an owner occupied fourplex, 30 yr fixed rate with 20% down. $400k purchase price. Two brick an...
As we try to understand how deep and how long this downturn may last, what will be the most important data you will monitor? We'll be watching things like the unemployment rate, collections, vacancy rates, absorption...
During the COVID years, I know people were able to refinance rather quickly (3-6 months). How has that changed in 2023 (going into 2024) considering the higher interest rates and economic inflation from late 2022 thr...
Have some rentals in NC - all insured with Erie. Insurance $ went up 24.5% on renewal, with 0 claims. Agent informed me, from the underwriter:
Effective 4/1/23, we increased Rental rates across the board by an aver...
Two weeks ago I was informed that my Chase credit card, a card I've had for around 15 years, was closed. I was told that I don't use the card enough and that I was "costing Chase money." I'm sure my FICO will be neg...
I purchased my residential property last year in Ohio and I was fortunate enough to secure a conventional loan at 2.99% for 30 years. I am now considering rezoning my property for commercial use (office) since the tow...
Wonderful news for those looking to cashout refinance a property seasoned in majority owned LLC.I have owned a property in a single member LLC for over 1.5 years. When I went to refinance I was told the seasoning whil...