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Has anyone in the NYC area been able to lock down decent mort. rates? I'm seeing 4.3% - 4.6% for 30 year am. When the house has a 6% cap, it is becoming harder to find numbers work with the .5 - 1% increase in rates....
Progress Residential appears to be is a hedge fund buying SFR's in Vegas. We are seeing more and more rentals being listed by them. They apparently have 300 homes sitting vacant just waiting to be turned into rentals....
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May 2022 Housing Market Update for Austin, TX MSA
May 2022 statistics have been released for the Central Texas Housing market. There was no increase in median sales price from the preceding month and a 19% increase...
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After purchasing the home and forcing appreciation, you hold the property for however many years and then eventually go to refinance to pull money out for your next deal. Let’s say everything went well, you leave with...
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I had a deal in front of me and need help determining if this is a good value....
It is a low cost low income building.
I have a break down of all the numbers but I’ll just throw out the basics
Gross rent is $234,000 ...
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How do y'all feel about the new STR rule? It says that you have to purchase a license for running STRs and also can only have 2 rentals with one being your primary residence. And you have to be an Atlanta resident too.
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The Rental trend remained bullish in January 2015 with rents inching up in most metropolitan areas of the US when compared to December 2014. More significant increases are observed when looking back 12 months and comp...
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Here in Bexar County (San Antonio, TX), the annual property tax statements went out at the beginning of May. For my personal residence, the value on the home increased $21,000, which equates to approximately $42 per m...
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Hello BP, Most people agree that interest rates will rise in the near term. What are you doing as an investor to mitigate this risk? Most Investor loans have a balloon payment or adjust in 5 years. If interest rates...
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Back in the 'old days' pre - 2019 covid, my expectations were simple. I was scaling up to purchasing and renovation 10 houses a year. I was helping 20 other investors do the same. There were mostly doubles and trip...