Foreclosure Filings Increase Significantly in 2022
After two years of unusually low foreclosure activity, filings have picked up substantially throughout the first half of 2022 according to data released in July. Data analytics firm ATTOM Data shows that first-half foreclosure filings went up a whopping 153% in the first half of 2022 compared to the year prior. While some media outlets […]
How to Properly Insure a Fix & Flip Property
If there’s one thing that real estate investors of all experience levels have in common, it’s a need for adequate insurance on their investment properties. Whether you’re working on a short-term fix & flip, or holding a portfolio of rental properties, proper insurance is crucial for managing risk in your investment activities. While we all […]
Best Short-Term Rental Markets in New York State
When most people hear “New York,” their minds immediately go to the Five Boroughs of Manhattan, the Bronx, Staten Island, Queens and Brooklyn. The same can be said when it comes to investing in real estate in New York – when investors think about investing in real estate in New York, they think of high […]
Housing Price Cuts Are Coming to a Market Near You
Over the last couple of years, housing markets nationwide have been a bit of a rollercoaster ride for investors. The Covid-19 pandemic pushed a lot of first-time homebuyers to enter the market as interest rates hit record lows, causing booms in markets that had previously been considered affordable. As the pandemic has brought on persistent […]
How Much Does it Cost to Flip a House?
When it comes to house flipping, most people can figure out the basic costs when it comes to purchase price and rehab. But, is that really all there is to determine your budget for a fix and flip project? The short answer is no – but the longer answer might include some relevant information for […]
Mortgage Demand Slows, Signals Housing Market Cooldown
Earlier this month, news outlets reported that mortgage applications decreased, a clear sign that the red-hot housing market is starting to cool down. With housing prices at or near all-time highs, increased mortgage rates are pricing many would-be homebuyers out of the market entirely. This has also led to a decrease in demand for long-term […]
Is Investing in Real Estate a Good Retirement Plan?
If you’re saving for retirement, you’ve probably heard about and are actively taking part in traditional methods – contributing to an employer-sponsored 401(k), investing in your own Roth IRA, maybe even investing independently in stocks, bonds, and commodities. But for any prospective retirees seeking alternative methods of preparing for retirement, investing in real estate often […]
Why 30-Year Investment Property Mortgage Rates Shot Up
If you’ve been seeking to refinance rental properties with a 30-year investment property mortgage recently, then you’re probably aware of how quickly rates have increased for those long-term financing options. Throughout 2020 and 2021, the long-term rental loan market saw record lows with interest rates getting down under 4% – and this was true even […]
How to Find Good Deals in a Tough Real Estate Market
Since the onset of the COVID-19 pandemic in March of 2020, the US housing market has been on a record-setting hot streak with prices soaring to all-time highs. While mortgage rates had been extremely low throughout 2021, we’re now seeing mortgage rates return to where they were throughout most of the 90s and early 2000s. […]
Are We Headed for a Housing Market Crash in 2022?
It’s no secret – the housing market has been red hot ever since the onset of the Coronavirus pandemic brought major changes to American society. Between a flood of first-time buyers entering the market, supply shortages due to manufacturing and shipping restrictions, as well as the pre-existing condition of low housing inventory, housing prices have […]
