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Housing feels ‘out of balance’ going into 2024, says Invitation Homes CEO Dallas Tanner

By Richard | Jan 17, 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailClosing Bell: OvertimeDallas Tanner, Invitation Homes CEO, joins ‘Closing Bell Overtime’ to talk the housing and rental markets in 2024.04:392 hours ago Source link

The $120K Investing Mistake YOU Can Avoid on Your Next Home Renovation

By Richard | Jan 16, 2024

There are ebbs and flows in every real estate investing journey, but not every home renovation project results in a six-figure loss! Fortunately, today’s guests learned one very expensive lesson so that YOU (hopefully) don’t have to! Welcome back to the Real Estate Rookie podcast! Justin Noe and Nate Cherubini are real estate investing partners with top-notch problem-solving skills. But not even that could stop them […]

Mortgage demand down 9.4% for final week of 2023, despite recent drop in interest rates

By Richard | Jan 16, 2024

A “For Sale” sign sits in front of a new home May 27, 2004 in Miami, Florida. Joe Raedle | Getty Images Mortgage demand ended 2023 on a sour note, despite a sharp drop in mortgage interest rates during December. Total application volume was down 9.4% for the week ended Dec. 29, compared with two […]

Our Rental Tripled in Value—Here’s How We’re Using a 1031 Exchange To Avoid a Massive Tax Bill

By Richard | Jan 16, 2024

In this article When my husband and I got married, we bought our first place—a brand-new, 1.5-bedroom condo—in Bedford–Stuyvesant, Brooklyn. At the time, the Bed–Stuy neighborhood was rough—for example, a biker gang that loved to throw huge all-night parties was headquartered at the end of our block, and there were abandoned buildings every few feet, […]

How Gen Zers can build credit before renting their own place

By Richard | Jan 15, 2024

Fg Trade | E+ | Getty Images Rising inventory is helping push rent prices down. For young adults, building credit is a smart step to take as they prepare to enter the rental housing market. The median U.S. asking rent price in December was $1,964, a 0.8% decline from a year ago, according to real […]

How to Turn Your Primary Residence into a Rental Property

By Richard | Jan 15, 2024

In this article So, you want to know how to rent your house out. Maybe you’re upsizing or downsizing, moving away for work, or just want to buy another primary residence and take advantage of low-money down loans. Whatever your reason, renting out your primary home can be a phenomenal way to get into the […]

How Laguna Beach, California, is helping residents age in place

By Richard | Jan 15, 2024

Laguna Beach, California Luciano Lejtman | Moment | Getty Images When most people think of Laguna Beach, California, they think of its scenic coves and beaches. But the small coastal city — with a population of around 22,600 — is also pioneering a new model for elder care. About 77% of adults ages 50 and […]

Why the BRRRR Method Works So Well (5 Significant Reasons)

By Richard | Jan 14, 2024

In this article Real estate investing can be a one-and-done deal or a strategy with more work but potentially higher profits. If you’re an investor looking for ongoing passive income, the BRRRR method may be a good option. The BRRRR method means you buy, rehab, rent, refinance, and repeat. It’s a cycle to build a […]

Mortgages, auto loans, credit cards: 2024 interest rate predictions

By Richard | Jan 14, 2024

The Federal Reserve‘s effort to bring down inflation has so far been successful, a rare feat in economic history. The central bank signaled in its latest economic projections that it will cut interest rates in 2024 even with the economy still growing, which would be the sought-after path to a “soft landing,” where inflation returns to the Fed’s […]