When Airbnb Hosts Say No to Guests
July 15, 2024 | 4 Minute Read Time You own a short-term rental and receive an inquiry to book on Airbnb. Something feels off. The guest’s profile has no reviews. As a Superhost, you decide to dig deeper by checking the guest’s social media. You find their Facebook profile, which advertises a party to friends […]
How to Protect Your Properties from Theft
July 15, 2024 | 3 Minute Read Time With the volume of properties we are renovating, several often remain vacant for some time. Having vacant properties is bad enough, but leaving them vulnerable to theft and vandalism is even worse. Over the years, we have experienced break-ins at our these vacant properties. Thieves have stolen […]
States are Enacted Laws Against Wholesalers
July 15, 2024 | 3 Minute Read Time Many states are now enacting laws that severely restrict or ban real estate wholesalers from operating. How can you possibly wholesale properties in these states? Are their alternatives that will allow you to still legally assign properties in these states? First, let’s review a list of states […]
The 5/1 ARM’s Come Due for 1.7M Homeowners
July 8, 2024 | 2.5 Minute Read Time Unlike the more popular fixed-rate mortgage loans, ARMs can provide temporary relief for homebuyers wanting to avoid higher mortgage rates, but they come with risks. After the fixed introductory period — usually five, seven, or ten years — the rate on an ARM adjusts periodically based on […]
What is a DSCR Loan?
July 8, 2024 | 2.5 Minute Read Time A Debt Service Coverage Ratio (DSCR) loan is a type of financing used in real estate that focuses on the property’s cash flow rather than the borrower’s personal income. Here are the key features and aspects of a DSCR loan: Debt Service Coverage Ratio: The DSCR […]
Real Estate Fearmongering for Clicks
July 8, 2024 | 5 Minute Read Time I am always amazed by the number of experts or gurus on YouTube predicting a real estate crash in 2024. Many of these YouTubers skillfully use psychology to craft their content, titles, and thumbnails to maximize clicks. More clicks translate to more subscribers and greater opportunities to […]
Why the U.S. Housing Market May Nosedive
July 1, 2024 | 5 Minute Read Time The U.S. housing market, a pillar of the American economy and an indicator of financial health, has recently faced a significant decline. This downturn, reaching unprecedented lows, has raised alarms across the financial sector, affecting homeowners, prospective buyers, and investors alike. Various factors have contributed to this […]
4 Places to Buy Property for Big Profits
July 1, 2024 | 2 Minute Read Time As home prices continue to soar in markets across the country, investors may be seeing dollar signs. Anyone who purchased a property prior to the COVID-19 pandemic has probably seen its value appreciate significantly in recent years. In fact, owner-occupied housing wealth increased $9 trillion between the […]
Buying from a Wholesaler? Here’s What You Need to Know
July 1, 2024 | 3 Minute Read Time Each week, I receive multiple emails from wholesalers offering properties for sale. However, I seldom purchase from them, and it has been a few years since my last wholesale purchase. Despite this, wholesalers provide a valuable service by handling the heavy lifting involved in locating and presenting […]
When selling an investment property is a bad idea
June 24, 2024 | 1.5 Minute Read Time An out-of-state investor was seeking to sell his recently vacated turnkey property. This neighborhood, a very affordable, rising blue-collar working-class area, has been a target for investors looking to flip and hold properties for years. The previous Section 8 tenant paid $800 per month. The investor is […]