Daniel Frye
Underwriting Changes on Multifamily Properties - San Diego
Hello all,I am underwriting an acquisition of an apartment portfolio in San Diego. It is a unique opportunity to purchase from a distressed seller with almost all units completely renovated. In a normal world, this wo...
Michael Bettencourt
Do property taxes ever decrease?
Has anyone who’s been at the game longer then me ever seen property taxes decrease in an area? Or once there implemented it’s almost impossible to go back? I have an offer in on 2 Duplex’s in Lake Country IL. With 3.2...
Ronnie Hutchinson
Adding an extra bedroom in a shared house, should I decrease rent
I currently have a 3/2 that I rent by the room. They are two main living rooms, I am thinking about taking one of the living rooms and converting it to a bedroom. Of course by a license contractor with the correct per...
Bryan Noth
March 2023 Housing Market Update for Austin, TX MSA
March 2023 Housing Market Update for Austin, TX MSA
March 2023 statistics have been released for the Central Texas Housing market. There was an increase in median sales price from the preceding month and a decrease...
James Brunetto, jr
What's a good growth rate?
Hi everyone, After looking at some of the forums and blog post I noticed there are certain metrics like population, unemployment, and median income I should look at when determining where to invest. But what is consid...
Gillian Irving
Looking for insights into Cape Coral rental market
Hi all - I'm a Canadian looking to invest in FL and possibly Cape Coral. Worried about the direction of housing markets in general with looming interest rate hikes. How have prices been faring in Cape Coral over the p...
Ryan Sun
Should I sell mortgage points right now?
Based on my understanding, purchasing points typically necessitates holding the mortgage for 5-6 years to reach the break-even point. Given the current scenario, there's a high probability that mortgage rates may decr...
Mike Schorah
When will we see effects of the Feds cutting the interest rate?
When will we see the effects on real estate prices from the Feds cutting the interest rate?
Are you seeing it now?
Will we see it 3 months from now? 6 months from now?
I'm sure it won't be close to 2007-2010 (when...
Larry Bailey
How mortgage rates affect housing affordability
Mortgage rates play a significant role in housing affordability. Higher mortgage rates increase the cost of borrowing money to purchase a home, making homes less affordable for potential buyers. This can result in low...
Ed Wood
Rates Dropping Last Few days!
Nice to see rates dropping last few days hopefully this continues...
http://www.mortgagenewsdaily.com/mbs/
MBS chart is a little confusing for those who are unfamiliar the increase is for yield s...