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How Cody Davis Acquired 81 Units By The Time He Turned 21
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 […]
Read MoreIs it a good time to buy a home? No, most Americans say
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 […]
Read MoreFrom Freak to Financially Independent & Beating the Average Joe to $1M
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 […]
Read MoreFederal regulators propose revamp to fair lending and housing rules
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 […]
Read MoreWhy Investors Should Search for Fresh Headaches
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 […]
Read MoreAs mortgage rates rise, how to decide whether to buy a home or rent
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 […]
Read MoreHow To Select a Qualified Intermediary for a 1031 Exchange
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Read MoreWeekly mortgage demand rises for first time since early March amid brief rate drop
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Read MoreGen Z Pushes for Landlords To Report Rent Payments to Credit Bureaus
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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