Still waiting on that crash that was going to happen any minute. A lot of buyers sitting on the fence waiting for rates to drop (which they are). I think once rates drop below 5% the market will heat up again and prices will rise. 40% of houses paid for and the majority of the house that have...
Being a landlord is not a passive investment and is a build wealth slowly game. House hacking is a great way to go. Mobile homes offer above market returns if you can deal with the tenants. Join a local REIA and learn as much as you can from experienced investors. Most flippers don’t account...
Look up RUMC.com Job Networking. They have one of the largest job networking meetings in Atlanta. They have HR volunteers and other professionals that can help you.
I just put a rental house under contract Monday after looking hard and fast for over 60 days. We've made a lot of cash offers and were beat out every time by cash buyers. We had to offer a premium, no contingencies and close in 10 days to get the house. There were multiple cash offers. It's...
Most loans written today are at a low fixed rate and the borrower actually qualified for the loan. The cheater-got-ya loans with floating jacked up rates aren't prevalent. I doubt that the hedge funds are going to bail on the thousands of homes they now rent. Investors have skin in the game...
I bought a rental house last year that the seller couldn't find a place to move after the sale. I rented it back to him for 5 months and he finally found a replacement property. It's tough to replace what you are selling unless you really step up to the plate. Also when you sell and buy...
The folks that have been waiting for another 2008 have lost many opportunities. Sure there will be a correction, but timing the market isn't easy. Buy what you can afford and get in the game. Many will go broke sitting on the sidelines and others have found the market has moved beyond what...
Many don't want to own a house after seeing their parents making repairs, working in the yard and being tied down. I have a tenant that has a 830 credit score, makes good money and just was tired of keeping a house up. Funny thing is, she takes better care of it than I do of my own house. The...
I bought my first house in 1975. The payment including taxes, insurance and PMI was $161 a month. I had to sell my brand new Camaro to qualify for the loan. $161 was 25% of my gross pay. Depending on where you live and stats you look at the medium average income or a family in Georgia is...