You know most Hard Money lenders don't even know what CF is. Or think it's a scam. How long do you think it's going to be before CF's 9-10% wipes Hard Money's 12% out? Or perhaps there are massive rate wars and whe...
Economic Update
(Monday, May 31, 2021)
The one place that's rip-roaring in our economy is the housing market. In fact, home prices are accelerating, as the Case-Shiller 20-City Index shows. Year-on-year gains rose ...
My partner and I came across a great property the other day however, we're tapped out capital wise. We thought Vendor Take Back might be a good way to be able to move forward on the property, however, we were told tha...
Economic Update
(Monday, June 15, 2020)
It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (“NBER”...
Redfin just alerted me that a 1300 sq ft home listed at 185k closed having sold for $198k...not in Austin proper but in suburban Brushy Creek just off 45, fairly close to the new Apple campus. The house is now listed...
Economic Update(Monday, May 3, 2021)
Here’s some fun facts. According to University of California Davis’ “Road Ecology Center,” Los Angeles traffic patterns changed dramatically during the pandemic. In March of 2...
I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
Hi All,
Things are moving forward with getting my STR up and running by end of next month. I'm still on the fence about self-managing remotely vs a local PM company. Those of you who self-manage remotely, have you ev...
As our stock market begins to recover, Covid-19 cases seem to be "slowing" down, and the economy seems to be through the worst of this pandemic, I am far from convinced this is even close to over. It seems we are seei...
Where do you suggest for a first investment (multi family) with 200k living in Boston?