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How Cody Davis Acquired 81 Units By The Time He Turned 21

How Cody Davis Acquired 81 Units By The Time He Turned 21

By Richard | May 6, 2022

At 19 years old, Cody Davis purchased his first rental property. Before turning 22, his portfolio included 81 units. In an interview with David Greene and Henry Washington on the BiggerPockets Podcast, Davis walked us through the steps he took as a bold 19-year-old real estate agent with little to no income and not a single […]

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Is it a good time to buy a home? No, most Americans say

Is it a good time to buy a home? No, most Americans say

By Richard | May 6, 2022

It is not exactly surprising, given the stunning jumps in both home prices and mortgage rates, but Americans have never been more bearish on buying a house. Just 30% of adults surveyed by Gallup said now is a good time to buy a home, down 23 percentage points from a year ago. That is the […]

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From Freak to Financially Independent & Beating the Average Joe to M

From Freak to Financially Independent & Beating the Average Joe to $1M

By Richard | May 6, 2022

Financial literacy is the first step to becoming a millionaire. Unfortunately, the US is a (relatively) financially illiterate country, so to become financially independent and add more zeros to your net worth, you have to self-educate. Fortunately, today’s guest has published a book and workbook that lays out exactly how to become a millionaire, even at a young age.  Dan Sheeks lives […]

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Federal regulators propose revamp to fair lending and housing rules

Federal regulators propose revamp to fair lending and housing rules

By Richard | May 5, 2022

Lumber at the site of a house under construction in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, U.S., on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images Bank regulators on Thursday proposed the first sweeping changes in more than 25 years to a controversial law […]

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Why Investors Should Search for Fresh Headaches

Why Investors Should Search for Fresh Headaches

By Richard | May 5, 2022

How many rental units do you want? Depending on who you ask, the number of rental properties can differ dramatically. A young investor may be looking to scale their portfolio quickly, eyeing ten, fifteen, or even one-hundred units. But, for a veteran real estate investor, who may already have a three or four-figure portfolio, the […]

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As mortgage rates rise, how to decide whether to buy a home or rent

As mortgage rates rise, how to decide whether to buy a home or rent

By Richard | May 5, 2022

Tim Kitchen | The Image Bank | Getty Images It’s becoming harder to afford a home. Prices are up almost 20% year over year, and mortgage rates are soaring. The rate for a 30-year fixed loan is now 5.57%, according to Mortgage News Daily, up from 3.29% at the start of the year. At the […]

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How To Select a Qualified Intermediary for a 1031 Exchange

How To Select a Qualified Intermediary for a 1031 Exchange

By Richard | May 4, 2022

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Weekly mortgage demand rises for first time since early March amid brief rate drop

Weekly mortgage demand rises for first time since early March amid brief rate drop

By Richard | May 4, 2022

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Gen Z Pushes for Landlords To Report Rent Payments to Credit Bureaus

Gen Z Pushes for Landlords To Report Rent Payments to Credit Bureaus

By Richard | May 4, 2022

According to a recent study by TransUnion, renters in their 20s and 30s want their landlords to report rent payments to the major credit bureaus. The main reason: Gen Z renters wish to build their credit health faster. Rent reporting has a positive impact on the industry in general. There are plenty of benefits to […]

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