If You’re Not Adding Contingencies to Your Rehab Budget, You’re Making a Mistake
in this article I have been investing in real estate since 2005, and to this day, I have yet to hear another investor say, write or imply anything similar to the following, “You know, I have this problem where I end up budgeting too much for rehab. I end up borrowing more than I need […]
How long does it take to build a house?
in this article Building a custom home is a dream many homeowners share. Being able to design your home exactly according to your preferences is an exciting but time-consuming endeavor. So, how long does it take to build a house? It can take anywhere from a year to three years to build a custom home. […]
CFPB, senators pledge to look into house-flipping business practices
a pair of bipartisan US senators and the director of consumer financial protection bureau (CFPB) have said they intend to more closely scrutinize the business practices of “house-flipping” companies, following an investigative report alleging that one such entity, HomeVestorsAs ProPublica reports, it “trains its approximately 1,150 franchisees to zero in on the frustration of homeowners.” […]
The biggest disaster imaginable is coming for commercial properties
in this article Commercial real estate is facing a lot of stress. Many analysts and investors, myself included, expect to see significant price declines in most sectors in the coming year. But one particular type of commercial real estate is facing the biggest casualty potential of all: office space. And even if you don’t currently […]
rental income and child support
in this article So, the day has finally come to find out how much your rental property income will affect your child support payments. It won’t surprise you that many states consider that pretty money a significant component when calculating these payments. As with any financial analysis, it’s essential to understand how to break down […]
If the Moratorium on Eviction Ever Comes Back, Here’s How to Defend Against Them
in this article The federal eviction moratorium ran for approximately 18 months, from early 2020 to late August 2021. federal eviction moratorium has expiredMany cities and states continued to prevent landlords from enforcing their lease contracts. some cities went so far as to use Federal tax dollars to give free legal aid to tenants To […]
Renting Is Much Cheaper in These Housing Markets
Owning a starter home is now more expensive than renting for $1,000+ a month. While the metric has declined from its October 2022 peak of $1,188, it remains well above historical levels, according to John Burns Research & Consulting, Factors such as high mortgage rates – currently hovering around the 7% mark – and high […]
Homebuilders are all smiles right now
For the first time in nearly a year, homebuilder confidence moved into positive territory on strong consumer demand, limited competition from the existing home sales market and improving supply chains. National Home Builders AssociationThe June survey shows the sixth straight month that builder confidence has increased and it is the first time that the sentiment […]
Fannie Mae is bearish on housing and forecasting a “mild” recession
in this article according to a recent report Fannie Mae has concerns about the housing market. The US housing market has experienced some ups and downs this year, but it is undoubtedly in recovery mode. with high Rate of interest And tightening lending practices, Fannie Mae is forecasting a “modest” recession with a soft landing […]
Florida school district will build housing in effort to fill teacher vacancies
If you build it, will they teach? A building in St. Petersburg, Fla. that previously served as a junior high school will be transformed into an affordable housing apartment complex. This is being done to attract more teachers to the Pinellas County School District to aid in recruitment and retention efforts, reports the Tampa Bay […]
