Hi, I wonder if anyone can explain me recession cycles like I am 5. I know about 2008 one, and what have caused it. What are other cycles and what was the impact for RE? I was reading an article which claims it happen...
Sales are up 6.3% YOY through July. Median sales price is down 4.5% to $210K. It will be interesting to see if volume increases dramatically with interest rate cuts.
Hi everyoneTrying to set up a LLC for our first rental property in NC. I wanted to keep it simple and form a single member LLC. Wanted to form it with both me and my wife. From my research it appears that I cannot use...
24/7 Wall St did a review of what cities have had the best economic recovery since 2010. They looked at what cities had some of the worst unemployment rates and economic output during the recession and which had the m...
With insurance premiums for apartment properties increasing so dramatically in recent years, I am leaning towards trying to save some costs by increasing my deductible to the highest deductible possible. For example,...
I have my thoughts on which the fed will choose, but who knows!? I have a feeling if push came to shove, they would fight a recession instead of inflation and reduce interest rates again. Inflation is extremely high...
What's a good fee schedule as a wholesaler? I'm sure its based on the size of the deal but is there a "rule of thumb" that I should stick to when I assign the contract?
Hi all -I have a triplex that I purchased in 2017 near downtown Phoenix, AZ. It is located in a very popular historic district where SFR has shot up 30-40% in the last few years. Rents are also increasing in the Pho...
I'm interested to get the perspective of any members in the Long Island City (LIC) area or an outside view of the current market conditions in LIC. LIC has experienced a big boom over the past 10 years. It is right on...