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From His Grandma’s Couch Making $15/Hour to $30K/Year from ONE Property

By Richard | Jan 24, 2024

Could ONE multifamily rental property change your life? Just five years ago, Jaryn Pierson was sleeping on his grandma’s couch, working a minimum-wage job, and getting sober. But when the right deal came along, it altered his financial future!Welcome back to the Real Estate Rookie podcast! Jaryn discovered real estate during the lowest point of […]

Here are the 10 hottest housing markets in 2024

By Richard | Jan 23, 2024

Grace Cary | Moment | Getty Images The top 10 hottest housing markets are expected to be spread across the South, Northeast and Midwest this year, according to an analysis by real estate marketplace Zillow. But a “hot” market isn’t always great for would-be buyers. Buffalo, New York, made the top of the list, as […]

DON’T Pay Off Your HELOC Until You Hear This…

By Richard | Jan 23, 2024

Got a HELOC? Don’t pay it off…yet! Thinking of house hacking but are discouraged by the low cash flow numbers you’re getting back? Looking to invest in a high property tax state like Texas but are scared to swallow that big expense? All of these topics, and many more, are coming up on this episode […]

A small Fed cut could be a tailwind for housing sector overall, says UWM CEO

By Richard | Jan 23, 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Mat Ishbia, UWM CEO, joins ‘Closing Bell: Overtime’ to discuss his outlook on the housing and mortgage market. 04:54 2 hours ago Source link

Huge Opportunity for New Multifamily Investors

By Richard | Jan 22, 2024

Multifamily real estate has crashed, but we’re not at the bottom yet. With more debt coming due, expenses rising, incomes falling, and owners feeling desperate, there’s only so much longer that these high multifamily prices can last. Over the past year, expert multifamily investors like Brian Burke and Matt Faircloth have been sitting and waiting […]

Mortgage demand surges more than 10% as lower interest rates lure homebuyers

By Richard | Jan 22, 2024

Prospective home buyers visit a home for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Homeownership feels increasingly out of reach for younger generations of Americans, who are squeezed by student debt and childcare costs in an era of slower economic growth. The pressures come as President Joe […]

Foreclosure Activity Increased in 2023—But What Do the Numbers Mean for Investors?

By Richard | Jan 22, 2024

In this article ATTOM’s Year-End 2023 U.S. Foreclosure Market Report shows that foreclosure activity increased last year from 2022 levels, but is this a cause for concern for investors?  The ATTOM report shows that foreclosure filings, which include default notices, auctions, and repossessions, stood at 357,062, up 10% from 2022 and 136% from 2021. These figures look much less […]

Drop in home price appreciation leading to negative home equity: Wedbush’s Jay McCanless

By Richard | Jan 21, 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jay McCanless, Wedbush housing analyst, joins ‘Squawk on the Street’ to discuss how the ‘purchase-centric’ housing market will play out, whether changing yields move the demand for mortgages, and more. 03:23 Thu, Jan 18 202410:45 AM EST Source link

Should You Sell or Hold? Here’s a Decision-Tree to Help You Decide

By Richard | Jan 21, 2024

In this article I’ve encountered the question “Should I buy or hold?” on several websites for several years. All I have seen are opinions such as “only hold a property for X years.” Here, I propose a simple process for deciding whether to sell or hold. First, what should you base your decision on? That’s […]

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