Hey all, I want to get some opinions on how you all decide if updating rental property is worth the investment. I have a four-plex that could use kitchen updates to make the place more appealing to renters. I’m trying...
I am looking at my first rental property investment, with the current rates and San Diego pricing cashflow is very hard, so I wonder if I should remove tax property and insurance from my cashflow calculations as they ...
I've researched attempting to locate data. So far, it's all predictive analysis. I want to hear from the actual STR operators, how has your business been impacted since March 2022 when the market shifted until now? In...
Help me decide if this makes sense to do. We own three rental properties, one is paid in full. We want to do a cash out refinance to pay off another one. We owe 294,000 on both and pay $2583 per month for the payments...
Market in a Minute
East Tennessee home sales declined 18.9% from the previous month, and decreased 9% from a year ago.The median sale price was $375,000 — up 7.58% from the previous year.Total housing inventory incre...
What is the best option for prepayment penalty you think these days if I want to go with DSCR loans?I assume that there is a big chance that the rate can drop a bit more due to elections at the end of next year so gov...
With the new reserve requirements of 12-18 months for Fannie/Freddie loans, how is this affecting your projected returns? That's a lot of capital you have to account for that's not getting a return.Can you plan to ret...
Thoughts on Coronavirus, and why right now is the ideal time to purchase single family rentals.
While the Coronavirus has had an impact globally in different ways, the SFR rental market is extremely strong with highe...
The 30-year fixed-rate mortgage continued to drop this week, heading back near the 3% range.The 30-year fixed-rate mortgage averaged 3.04% this week, Freddie mac reports. Mortgage rates are still below a year ago and ...
I was wondering if any real estate professionals like you can prove this to be a good move in terms of investing. If you were me, what would you focus more on?
I live in the West Town area of Chicago. I’ve recently...